7846 Dixie HwyLouisville, KY 40258

Property Details for 7846 Dixie Hwy

Year built

1900

Lot size

2.38 AC

Property size (Sq ft)

28,476 SF

Zone code

C2-COMMERCIAL

Property type

Retail properties

Property subtype

Retail space

APN

25111200030000

APU

25111200030000

Description

This exceptional free-standing retail property, located at 7846 Dixie Highway, Jefferson County, offers 22,000 square feet of versatile space, completely vacant and ready for immediate occupancy. The building, which underwent a complete renovation in 2022, boasts a single-tenant layout perfect for a variety of retail uses. Its strategic location on Dixie Highway, a high-traffic thoroughfare with an average daily traffic count of approximately 55,000 vehicles, ensures exceptional visibility and accessibility. The property is conveniently situated approximately 3.4 miles from I-265, providing easy access to a wider regional market. Strong surrounding businesses include Dollar General (an anchor tenant in the immediate vicinity), AutoZone, Norton Medical, and White Castle, creating a vibrant and established commercial environment. The property is zoned C-2 Commercial District, allowing for a range of retail possibilities. A significant advantage is the large parking area located at the rear of the building, ensuring ample customer parking. The newly renovated interior and sidewalk further enhance the property's appeal and functionality. The property's APN is 111200030000. This is a rare opportunity to acquire a fully renovated, high-visibility retail space in a thriving commercial area. Don't miss this chance to establish your business in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $6,371,184

  6.5%

  $5,881,092

  7%

  $5,461,014

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,177,060

  Geo Method

  $6,177,060

• Alternative Use

  Use

  Valuation

  Residential

  $4,960,922

  Hospitality

  $4,544,178

  Educational

  $3,780,702

  Medical

  $3,910,726

  Retail

  $5,881,092

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.1369

Longitude

-85.8445

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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