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    623 Old Highway 245 Shepherdsville, KY 40165

    For Lease
    $19 SF/Yr

    4-acre property with multiple structures and 269 parking spots.

    Property size:
    12,800 SF
    Lot size:
    4.24 Acres

    Property Features for 623 Old Highway 245

    General Information

    Size
    12,800 SF
    Lot size
    4.24 Acres

    Source: PCS Real Estate Agent Shelly Stoyell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Property Near Tourist Attractions

    This 4-acre property is located one mile from Interstate 65 and offers multiple structures and 269 parking spots. It is within walking distance of the Jim Beam Distillery, Forest Edge Winery, Bernheim Forest, and Bullitt County Fairgrounds. The property is also located 20 minutes from Louisville International Airport. The location is suited for various ventures, including a hospitality business or event venue. The property includes a 60x80 space with a dividing wall that can be removed, two 40x60 spaces, six 14x14 doors, and two drive-through doors. There is also a 20x60 office space, a 20x80 space with three 10x8 doors, and a 20x20 office building. The property contains 12,800 square feet of space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Building Supply Hotel & Motel Grocery Store Food Market Electrical Service Garden Center Travel Agency Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shepherdsville
    County
    Bullitt
    State
    Kentucky
    Longitude
    -85.678397
    Latitude
    37.922508

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    FAQs

    What type of property is this?
    Storefront property - 4-acre property with multiple structures and 269 parking spots.
    Where is this storefront property located?
    The property is located at 623 Old Highway 245 Shepherdsville, KY.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - 4-acre property with **269 parking spots**, suitable for various ventures.; - Located **1 mile from Interstate 65** and 20 minutes from Louisville International Airport, providing excellent accessibility.; - Walking distance to Jim Beam Distillery, Forest Edge Winery, Bernheim Forest, and Bullitt County Fairgrounds, attracting tourists.
    (502) 551-2030
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    623 Old Highway 245 Shepherdsville, KY 40165
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    Shepherdsville, KY 40165
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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. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    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.

    More about this property
    623 Old Highway 245 Shepherdsville, KY 40165
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