3530 Bardstown RdLouisville, KY 40218

Property Details for 3530 Bardstown Rd

Year built

2008

Lot size

10.90 AC

Property size (Sq ft)

80,013 SF

Zone code

C2-COMMERCIAL

Property type

Retail properties

Property subtype

Retail space

APN

23361700110000

APU

23361700110000

Description

This exceptional 50,000 square foot retail property, built in 2013, is currently fully vacant and offers a unique opportunity for a single tenant or multiple tenants. The property sits on a 0.97-acre lot and is zoned C-1 - Commercial District (APN: 361700110000, Jefferson County). The flexible space allows for divisibility down to 3,000 square feet, with a maximum contiguous space of 50,000 square feet. Its prime location at a signalized intersection boasts over 47,000 vehicles per day (VPD), ensuring high visibility and accessibility. Benefit from its strategic placement next to Burlington Coat Factory, and in close proximity to major retailers including Walmart, Lowe's, Costco, and Target. This location is within a densely populated area, serving a trade area of nearly 100,000 people within a 3-mile radius. Convenient access to I-264 further enhances its appeal. A large pylon sign on Bardstown Road is available for prominent branding. This property presents a rare chance to establish a strong retail presence in a thriving commercial district. The property's recent history includes a 10-year lease extension and store remodel for an existing tenant (Burlington Coat Factory).

• CAP approach

  CAP return

  Valuation

  6%

  $18,388,476

  6.5%

  $16,973,978

  7%

  $15,761,551

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,356,548

  Geo Method

  $17,356,548

• Alternative Use

  Use

  Valuation

  Residential

  $14,318,185

  Hospitality

  $13,115,381

  Educational

  $10,911,843

  Medical

  $11,287,118

  Retail

  $16,973,978

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.1995

Longitude

-85.6646

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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