Free-Standing Retail with
For Sale
$970,000
100 Lawrence Ln, Shepherdsville, KY 40165
Recently built 2017 retail building with drive-thru and street visibility, currently split into two units.
Property Size3,083 SF
Price / SF$314.63
Days on Market317
Property Features for 100 Lawrence Ln
General Information
Standard status
Active
Size
3,083 SF
Zoning
B-1
Site & Location
Traffic Count
12,434 vehicles/day
Highway Access
Yes
Additional Details
Heavy Power
Yes
Office Units
2
Building Details
Year Built
2017
Listing Agency:
eXp Commercial | Kentucky
Listed By:
Sam Griffin, CCIM, CBI, NACREP · License #207824
(502) 640-3622
Source:
Expcommercial
Added: Dec 5, 2025
Changed: Oct 16
Last Checked: Oct 16 at 5:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial | Kentucky
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Investment Insights
Based on property information with market context.
A free-standing retail building totaling 3,083 SF, recently built in 2017. The property includes a drive-thru and is currently configured as two units, with flexibility to convert into a single larger space. Three-phase electric service is available (200 amp; 120/208v). The building is offered vacant or partially leased.
Located in Shepherdsville’s primary retail corridor and shadow-anchored by Kroger, the property sits minutes from I-65. It is visible from E 4th St and benefits from documented traffic counts of 12,434 AADT (KYTC).
This asset provides a standalone identity with an operational drive-thru feature, making it a strong fit for owner-users or investors seeking a versatile retail footprint.
Located in Shepherdsville’s primary retail corridor and shadow-anchored by Kroger, the property sits minutes from I-65. It is visible from E 4th St and benefits from documented traffic counts of 12,434 AADT (KYTC).
This asset provides a standalone identity with an operational drive-thru feature, making it a strong fit for owner-users or investors seeking a versatile retail footprint.
Key Highlights
- 3,083 SF free‑standing retail building in Shepherdsville’s primary retail corridor
- Shadow‑anchored by Kroger and minutes from I‑65, with visibility from E 4th St
- Drive‑thru available for QSR or other service concepts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,805
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,100
$616.1K
Cap Rate 7%
$440,071
$440.1K
Cap Rate 9%
$342,278
$342.3K
Market Conditions
NOI Build-Up for 3,083 SF
Gross rent
$48.1K $15.60/SF
− Vacancy
−$4.1K −$1.33/SF
EGI
$44.0K $14.27/SF
− OpEx
−$13.2K −$4.28/SF
NOI
$30.8K $9.99/SF
Area
Bullitt County, KY
Vacancy
8.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,100
Cap Rate 7%
$440,071
Cap Rate 9%
$342,278
Alternative Uses
Best Use
Retail
$440.1K
$385.1K – $513.4K
NOI $30,805 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$649.9K
$568.7K – $758.3K
NOI $45,496 @ 7.0% cap · market cap 4.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Office units
12,434 VPD
Traffic count
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 40165, KY
36,161
Population
15,622
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
113.2 sq mi
ZIP Area
319
Density / Sq Mi
$77,083
Median Household Income
$41,914
Median Earnings
$939
Median Rent
$242,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Recently built 2017 retail building with drive-thru and street visibility, currently split into two units.
Where is this retail space located?
The property is located at 100 Lawrence Ln Shepherdsville, KY.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: 3,083 SF free‑standing retail building in Shepherdsville’s primary retail corridor; Shadow‑anchored by Kroger and minutes from I‑65, with visibility from E 4th St; Drive‑thru available for QSR or other service concepts
