This exceptional 5-million-dollar commercial property, located at 4001 Cane Run Road in Louisville, KY, presents a lucrative investment opportunity. The well-maintained brick building boasts modern gas canopies featuring Marathon logos and attractive glass storefronts. The property encompasses a substantial 24,000 square feet of asphalt paving and 4,000 square feet of concrete paving, providing ample parking for 24 vehicles, with additional overflow parking available across the street. The site includes four well-maintained pump islands, equipped with five underground storage tanks (four 8,000-gallon double-wall STI-P3 tanks and one 2,000-gallon double-wall STI-P3 tank), all with leak detection and tank monitoring systems. The property features updated underground piping and wiring, submersible pumps, auto vacuums, a coin-operated air station, and various other petroleum equipment. All necessary testing certifications are current. A comprehensive security system protects both the interior and exterior. The heating and air conditioning systems were replaced just five years ago. Inside, the convenience store showcases hardwood floors in the main sales area, a typical layout with an open sales area, cashier's area, food and beverage counters with digital menu boards, new steam tables and fryers, walk-in coolers, storage, office space, and two restrooms. A large hot food line and kitchen are also included, along with both indoor and outdoor seating. Modern LED lighting enhances both the interior and exterior, including the canopies. The property includes various equipment such as soda dispensers, a coffee system, a microwave, an ATM, merchandise shelving, and display gondolas. This high-performing convenience store consistently ranks within the top 15% of Kentucky's lottery ticket sales. The entire asphalt surface of the building tract was recently repaved three years ago. Convenient semi-truck parking is available on an adjacent lot, and a stoplight at the intersection ensures easy access. The 0.96-acre lot offers significant potential for future expansion or development.
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4001 Cane Run Rd Louisville, KY 40216
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Realmo Value Estimation
Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
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Cap approach
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Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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4001 Cane Run Rd Louisville, KY 40216
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4001 Cane Run Rd, Louisville, KY
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