7707 Bardstown RdLouisville, KY 40291

Property Details for 7707 Bardstown Rd

Year built

1949

Lot size

0.30 AC

Property size (Sq ft)

1,943 SF

Zone code

C1-COMMERCIAL

Property type

Office properties

Property subtype

Office buildings

APN

22005600050000

APU

22005600050000

Description

This exceptional commercial property at 7707 Bardstown Road in Louisville, Kentucky, presents a unique investment opportunity. The 1,154 square foot building, currently vacant, is zoned C-1 Commercial District and sits on a 0.33-acre lot with 93 feet of frontage. The property features a single-tenant configuration, previously used as an executive office. The building includes a main office space of approximately 1,154 square feet and a separate single-car garage of approximately 325 square feet (this dimension is an approximation based on marketing materials). The property is offered for lease as-is, but the owner is open to considering ground leases contingent upon approval of a redevelopment plan. For qualified tenants, build-to-suit options are also a possibility. Furthermore, there's potential for lot expansion through the acquisition of adjacent land from a neighboring church property, subject to negotiation and approval. The property's Jefferson County APN is 005600050000. This location offers excellent visibility and access within the thriving Gene Snyder/Bardstown Road area. This versatile property is ideal for a variety of commercial uses, making it an attractive prospect for businesses seeking a prominent presence in a high-growth Louisville neighborhood. The property's zip code is 40291.

• CAP approach

  CAP return

  Valuation

  6%

  $239,678

  6.5%

  $221,241

  7%

  $205,438

• Comparable approach

  Method

  Valuation

  Relative Method

  $167,253

  Geo Method

  $167,253

• Alternative Use

  Use

  Valuation

  Residential

  $274,339

  Hospitality

  $251,293

  Educational

  $209,073

  Medical

  $216,263

  Retail

  $325,224

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.1357

Longitude

-85.5799

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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