1811 Standard Avenue

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1811 Standard Avenue

Louisville, KY 40210
Asking Price
Contact for price
Asset Type
Apartment Building Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property features a total of 50,049 square feet.
  • Located at 1811 Standard Avenue within Louisville, Kentucky.
  • The building is currently classified as an office asset.
  • This listing falls under the apartment building sub-type category.
  • The site offers opportunities for commercial or residential conversion.

What's Special

Louisville serves as a central hub for logistics and commerce in Kentucky, benefiting from a robust regional economy and access to major interstate networks. Situated at 1811 Standard Avenue, this 50,049-square-foot property presents a versatile asset in a developing area of the city. The structure is currently categorized as an office facility, though its classification as an apartment building sub-type indicates potential for adaptive reuse or conversion projects. Investors or developers looking to capitalize on the city's growth may find utility in the building's substantial footprint. Given the interior layout and the flexibility inherent in its sub-type designation, the space is well-suited for professional service firms, corporate headquarters, or long-term multi-family redevelopment strategies. The property provides significant square footage in a metropolitan market that continues to see steady demand for functional, centrally located commercial real estate.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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