1250 Bardstown RdLouisville, KY 40204

Property Details for 1250 Bardstown Rd

Year built

1955

Lot size

10.15 AC

Property size (Sq ft)

142,470 SF

Zone code

(C2)COMMERCIAL OVERLAY

Property type

Retail space

APN

10075B00010000

APU

10075B00010000

Description

This exceptional 11.15-acre property located at 1250 Bardstown Road in Louisville, Kentucky, presents a rare development opportunity. Situated in the highly desirable Louisville Highlands neighborhood, this commercially and residentially zoned (C-2) land boasts significant visibility and accessibility. The property enjoys frontage on both Bardstown Road and Baxter Avenue, offering excellent exposure to high traffic volume. A traffic-light controlled ingress/egress on Bardstown Road ensures convenient access. Its prime location places it minutes from the vibrant NuLu district and downtown Louisville, surrounded by numerous retail and restaurant amenities within a one-mile radius. The area's demographics are exceptionally strong, featuring high population density and income levels. Adding to its appeal is a remarkable walkability score of 92 out of 100, one of the highest in Kentucky. Residents and patrons will enjoy easy access to nearby Tyler Park and Cherokee Park. This unique offering is ideal for a mixed-use development project capitalizing on the area's thriving commercial and residential sectors. The Jefferson County location, with a zip code of 40204, provides further convenience and access to key infrastructure. This is a truly exceptional opportunity to develop in one of Louisville's most sought-after neighborhoods.

• CAP approach

  CAP return

  Valuation

  6%

  $35,070,092

  6.5%

  $32,372,392

  7%

  $30,060,080

• Comparable approach

  Method

  Valuation

  Relative Method

  $30,904,820

  Geo Method

  $30,904,820

• Alternative Use

  Use

  Valuation

  Residential

  $27,307,324

  Hospitality

  $25,013,362

  Educational

  $20,810,824

  Medical

  $21,526,540

  Retail

  $32,372,392

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.2348

Longitude

-85.7177

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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