1328 Bardstown Road Louisville, KY 40204
COMMERCIAL - Louisville, KY
Property Features for 1328 Bardstown Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Standard status
- Active
- APN
- 075-B0064-0000
- Size
- 5,000 SF
- Lot size
- 0.19 Acres
Building Details
- Year built
- 1900
Listing agent Gresham Wilson (859) 421-3376
Listing office Block + Lot Homes 133 W Short St, Lexington, KY (859) 309-0099
Listing date Apr 28, 2026
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in the heart of The Highlands Entertainment District with exceptional visibility and steady foot traffic along Bardstown Road.
- Includes a +/- 1,500 SF apartment, ideal for owner‑occupancy, live/work setup, or additional rental income.
- Flexible retail, office, or restaurant space suited for a wide variety of high‑demand uses.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.0k | $21.00 |
| − Vacancy | −$18.9k | −$3.78 |
| EGI | $86.1k | $17.22 |
| − OpEx | −$21.5k | −$4.31 |
| NOI | $64.6k | $12.92 |