1905 Bardstown RdLouisville, KY 40205

Property Details for 1905 Bardstown Rd

Year built

1920

Lot size

0.18 AC

Property size (Sq ft)

5,102 SF

Zone code

(O

Property type

Retail space

APN

10077K00230000

APU

10077K00230000

Description

This 6,804 square foot storefront property is located at 1905 Bardstown Road in Louisville, Kentucky, zip code 40205. Currently vacant, this retail space is zoned OR-1 and offers significant potential for a variety of uses, including restaurants, stores, or offices. The property's location on a busy stretch of Bardstown Road, surrounded by numerous eateries and shops, ensures high visibility and foot traffic. The building itself is architecturally unique, adding to its appeal. A potential secondary income stream exists through the possibility of renting out an apartment located at the rear of the property. The asking price is $1,600,000. Please note that the owner requires prior approval before any site visits, as a business is currently operating on the premises. The exact location will be provided upon execution of a non-disclosure agreement. This is a truly exceptional opportunity to acquire a high-traffic retail space in a desirable Louisville location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,255,897

  6.5%

  $1,159,289

  7%

  $1,076,483

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,106,734

  Geo Method

  $1,106,734

• Alternative Use

  Use

  Valuation

  Residential

  $977,904

  Hospitality

  $895,755

  Educational

  $745,257

  Medical

  $770,888

  Retail

  $1,159,289

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.2273

Longitude

-85.6985

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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