10610 Dixie HwyLouisville, KY 40272

Property Details for 10610 Dixie Hwy

Year built

1985

Lot size

0.55 AC

Property size (Sq ft)

7,616 SF

Zone code

C2-COMMERCIAL

Property type

Auto shops

APN

25104709600000

APU

25104709600000

Description

This exceptional commercial property, located at 10610 Dixie Highway in Louisville, Kentucky, presents a unique investment opportunity. The 0.55-acre lot is situated in a high-traffic area, offering excellent visibility and accessibility for any commercial venture. The property's zoning (which should be verified independently) allows for a wide range of development possibilities, making it suitable for various businesses. The asking price is $1,000,000, reflecting the significant potential of this strategically located land parcel. Given its size and prime location, this property is well-suited for businesses seeking high visibility and convenient access for customers. The property's location on Dixie Highway ensures substantial daily traffic flow, providing ample opportunity for brand exposure and customer engagement. Serious inquiries are encouraged to explore the possibilities and conduct due diligence to confirm suitability for their intended use. This is a rare opportunity to acquire a substantial commercial lot in a thriving Louisville location. The property is sold as-is. Prospective buyers are responsible for conducting their own independent inspections and verifying all information.

• CAP approach

  CAP return

  Valuation

  6%

  $1,934,049

  6.5%

  $1,785,276

  7%

  $1,657,756

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,652,075

  Geo Method

  $1,652,075

• Alternative Use

  Use

  Valuation

  Residential

  $1,505,947

  Hospitality

  $1,379,440

  Educational

  $1,147,678

  Medical

  $1,187,148

  Retail

  $1,785,276

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.1005

Longitude

-85.8717

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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