14009 Dixie HwyLouisville, KY 40272

  • Retail space
  • 2,963 SF
For Sale
$410,000 View listing

Property Details for 14009 Dixie Hwy

Year built
1997
Lot size
0.42 AC
Property size (Sq ft)
2,963 SF
Zone code
C1-COMMERCIAL
Property type
Retail space
APN
24113700240000
APU
24113700240000

Description

This thriving Louisville, KY liquor store and convenience store presents a unique owner-user investment opportunity. Located at 14009 Dixie Hwy, this 2,963 square foot, two-story building sits on a 0.36-acre lot and boasts a prime location with high daily traffic (32,000 cars). The property, with APN 113700240000, underwent a complete renovation in 2023, resulting in a modern and functional space. The asking price of $410,000 includes all fixtures, furniture, and equipment (FF&E), as well as existing inventory. This turnkey operation is zoned C2 and offers significant potential for continued growth. The price per square foot is $138.37. This is a rare chance to acquire a well-established business with updated facilities in a high-demand area. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $752,441
    6.5%
    $694,561
    7%
    $644,949
  • Comparable approach

    Method
    Valuation
    Relative Method
    $642,739
    Geo Method
    $642,739
  • Alternative Use

    Use
    Valuation
    Residential
    $585,888
    Hospitality
    $536,670
    Educational
    $446,503
    Medical
    $461,859
    Retail
    $694,561

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.0529
Longitude
-85.8928
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,333
$31,230
$163,470
$194,700
-
$31,230
$163,470
$194,700

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