3106 Dixie HwyShively, KY 40216

Property Details for 3106 Dixie Hwy

Year built

1960

Lot size

0.61 AC

Property size (Sq ft)

5,664 SF

Zone code

C2-COMMERCIAL

Property type

Showrooms

APN

25100900530000

APU

25100900530000

Description

This Shively, KY commercial property offers a 1,850 square foot lease opportunity in a two-story building, part of a larger two-building complex totaling 7,272 square feet. Located at 3106 Dixie Highway, Louisville, KY 40216, in Jefferson County, this space is ideal for office or limited retail use (C-2 zoning). The building features ample parking. The suite includes a full basement for additional storage. While the total building has multiple suites, only one 1,850 square foot suite is currently available for lease. This space is part of a larger complex with a second building on the property. The property's location on Dixie Highway provides high visibility and accessibility. The versatile layout makes it suitable for a variety of commercial uses. This is a prime opportunity for businesses seeking a well-located space in a thriving area. The minimum leasable space is 1,850 square feet, and this is also the maximum contiguous space available.

• CAP approach

  CAP return

  Valuation

  6%

  $1,438,348

  6.5%

  $1,327,705

  7%

  $1,232,869

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,228,644

  Geo Method

  $1,228,644

• Alternative Use

  Use

  Valuation

  Residential

  $1,119,969

  Hospitality

  $1,025,886

  Educational

  $853,525

  Medical

  $882,879

  Retail

  $1,327,705

Location Insight

City

Shively

County

Jefferson

State

Kentucky

Latitude

38.2056

Longitude

-85.8002

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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