We predict that in this decade, we’ll see the development of the Urton Lane Corridor and the Rehl Road Interchange area as the next big areas for commercial development in Louisville, KY. Urton Lane is a winding, narrow, 2-lane road that runs from Shelbyville Road around to North Pope Lick Read more…
As appraisers, we are permitted by USPAP to write two different types of reports: Restricted Appraisal Report or Appraisal Report. The method we are supposed to use when valuing a property is in two stages: Development and Reporting. Development means that we do all the research necessary to determine a Read more…
Commercial appraisers are faced with appraisal assignments regularly that involve net leased properties. So, what is a net leased property? Well, it is a property leased by a national tenant for an absolute no-expense arrangement to the property owner. This means that Joe Property Owner, for example, signed a 20-year Read more…
Real Estate Growth In Portland The northwest end of Louisville, Kentucky is seeing redevelopment Everyone in Louisville is familiar with Nulu. It is east of downtown Louisville (also called the CBD or Central Business District) and west of the Highlands and Butchertown. It’s located between Jefferson and Main and Preston and Read more…
Redevelopment Of Hurstbourne Business Park If you’ve been watching the news, you know that a major intersection in the east end of Louisville is getting a significant change. The redevelopment of Hurstbourne Business Park. The Hurstbourne Business Park is where the “flashcube” building is at the southwest corner of Hurstbourne Parkway and Shelbyville Read more…