13101 Dixie HwyLouisville, KY 40272

Property Details for 13101 Dixie Hwy

Year built

1970

Lot size

1.71 AC

Property size (Sq ft)

6,452 SF

Zone code

C1-COMMERCIAL

Property type

Retail properties

Property subtype

Retail space

APN

24105905890000

APU

24105905890000

Description

This exceptional retail property, located at 13101 Dixie Hwy in Louisville, KY, presents a compelling investment opportunity. Situated on a 2.96-acre lot in a rapidly growing area of southwest Jefferson County, this property benefits from its proximity to Fort Knox Army base and the influx of families due to recent Army realignment. The high-traffic location boasts an average daily vehicle count of nearly 27,000 vehicles. Currently 100% leased, the property generates a substantial monthly rental income of $4,850 from four units under gross leases. This represents a strong, stable cash flow for investors. An adjacent 1.25-acre lot is also available for purchase separately, offering potential for expansion or development. The property's prime location and strong tenant occupancy make it an ideal investment for those seeking a high-yield, low-risk opportunity in a thriving market. Detailed financial information is available upon request. This is a turnkey investment ready for immediate income generation. The property is well-maintained and presents a solid foundation for long-term growth and profitability. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,638,457

  6.5%

  $1,512,422

  7%

  $1,404,391

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,399,578

  Geo Method

  $1,399,578

• Alternative Use

  Use

  Valuation

  Residential

  $1,275,784

  Hospitality

  $1,168,611

  Educational

  $972,271

  Medical

  $1,005,709

  Retail

  $1,512,422

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.0651

Longitude

-85.8847

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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