4955 Brownsboro RdLouisville, KY 40222

Property Details for 4955 Brownsboro Rd

Year built

2000

Lot size

0.33 AC

Property size (Sq ft)

3,095 SF

Zone code

C1-COMMERCIAL

Property type

Retail properties

Property subtype

Turn key restaurants

APN

21001100750000

APU

21001100750000

Description

This exceptional 3,095 square foot fast-food/drive-thru restaurant building is situated on a 0.67-acre parcel within the Holiday Manor area. Currently occupied by a Wendy's, the property will soon be vacant, presenting a rare pad opportunity. The building, constructed in 2000, is a single-story structure with 24 parking spaces. The site boasts a highly desirable location with strong demographics, including a median household income exceeding $100,000. Within a three-mile radius, the population surpasses 64,000, and over 3,400 households reside within one mile. The C1 zoning allows for a variety of commercial uses. The lot size is 29,108 square feet. This property offers significant potential for a new tenant seeking a prime location in a thriving area. The current occupant is closing four similar locations in Louisville, highlighting the potential for continued success in this market. The property is ready for immediate occupancy. This is a unique opportunity to acquire a well-located, established fast-food site.

• CAP approach

  CAP return

  Valuation

  6%

  $812,217

  6.5%

  $749,739

  7%

  $696,186

• Comparable approach

  Method

  Valuation

  Relative Method

  $671,372

  Geo Method

  $671,372

• Alternative Use

  Use

  Valuation

  Residential

  $632,433

  Hospitality

  $579,305

  Educational

  $481,975

  Medical

  $498,551

  Retail

  $749,739

Location Insight

City

Northfield

County

Jefferson

State

Kentucky

Latitude

38.2837

Longitude

-85.6292

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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