4000 Taylorsville RdLouisville, KY 40220

  • Retail space
  • 0.03 AC
For Sale
$2,490,000 View listing

Property Details for 4000 Taylorsville Rd

Year built
1956
Lot size
0.03 AC
Zone code
C1-COMMERCIAL
Property type
Retail space
APN
14091N02150000
APU
14091N02150000

Description

This exceptional 10,662-square-foot freestanding retail building is available for sublease. Located on Taylorsville Road with direct access from both Taylorsville Road and Hunsinger Lane, this single-tenant property boasts excellent visibility and accessibility. Built in 1999, the one-story structure sits on a 0.79-acre lot and includes 10 parking spaces. A prominent pylon sign at the Taylorsville Road and Hikes Lane intersection, along with a convenient pick-up window, enhances its appeal. The property's strategic location within the Hikes Point trade area, less than a mile from Interstate 264, provides unparalleled access to a dense population. This area is anchored by major retailers such as Kroger Marketplace and TJ Maxx/HomeGoods, and is further supported by the presence of Party City, CVS, Starbucks, McDonald's, and Wendy's. With over 29,400 vehicles passing daily on Taylorsville Road, this location offers exceptional exposure and high traffic volume. The Jefferson County property is zoned commercial and has an APN of 091N00020000. The entire 10,662 square feet is currently vacant. This prime retail space presents a unique opportunity for businesses seeking high visibility and convenient access in a thriving commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $298,097
    6.5%
    $275,166
    7%
    $255,512
  • Comparable approach

    Method
    Valuation
    Relative Method
    $262,692
    Geo Method
    $262,692
  • Alternative Use

    Use
    Valuation
    Residential
    $232,113
    Hospitality
    $212,614
    Educational
    $176,893
    Medical
    $182,976
    Retail
    $275,166

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.2192
Longitude
-85.6254
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
$243
$18,080
-
$18,080
-
$18,080
-
$18,080

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