5417 Valley Station RdLouisville, KY 40272

Property Details for 5417 Valley Station Rd

Year built

1970

Lot size

0.37 AC

Property size (Sq ft)

4,216 SF

Zone code

C1-COMMERCIAL

Property type

Other commercial real estate

Property subtype

Showrooms

APN

24104705510000

APU

24104705510000

Description

This unique 4,472 square foot commercial property, located at 5417 Valley Station Rd, Louisville, KY 40272, presents a remarkable investment opportunity. Situated on a 7.6-acre lot with convenient access to Dixie Hwy, this single-tenant building offers versatile space ideal for a variety of uses. Built in 1995, the property boasts a C-1 zoning designation, making it suitable for retail, restaurant, or special purpose businesses. The building features a warehouse-style lower level and updated upstairs offices complete with a kitchen. Ample parking is available with 54 spaces. The property is currently vacant, providing immediate occupancy for a new tenant. The substantial size and flexible layout offer significant potential for customization and adaptation to suit a wide range of business needs. Its prominent location and ample parking make it an attractive option for businesses seeking high visibility and convenient access for customers and employees. This is a rare opportunity to acquire a substantial property with significant upside potential in a desirable Louisville location. Jefferson County location offers easy access to major transportation routes.

• CAP approach

  CAP return

  Valuation

  6%

  $1,070,634

  6.5%

  $988,278

  7%

  $917,687

• Comparable approach

  Method

  Valuation

  Relative Method

  $914,541

  Geo Method

  $914,541

• Alternative Use

  Use

  Valuation

  Residential

  $833,649

  Hospitality

  $763,618

  Educational

  $635,322

  Medical

  $657,171

  Retail

  $988,278

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.1073

Longitude

-85.8644

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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