1828 Bank St, Louisville, KY 40203
Corner lot property with operational lift and newer roof.
- Added:
- Feb 11, 2026
- Days on Market:
- 139
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 1828 Bank St
General Information
- Standard status
- Active
- Size
- 1,317 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1952
Listing office Key Point Realty
Listing date Feb 11, 2026
Source Crexi
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 Key Point Realty
HighLights
- Corner lot property with auto service opportunity.
- Operational lift included.
- Newer roof.
- Currently rented for $1400/month.
- Lease started September 1, 2025 (1‑year lease).
- Lease available upon request.
Overview
Local Financial Insights For Retail
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 | $23.7k | $18.00 |
| − Vacancy | −$2.0k | −$1.53 |
| EGI | $21.7k | $16.47 |
| − OpEx | −$6.5k | −$4.94 |
| NOI | $15.2k | $11.53 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Burden Car Towings — 120 S 10th St, Louisville, KY 40202
- Kartar Service Shop Mechanical and Bodywork — 220 S 18th St, Louisville, KY 40203
- S&B Auto Repair — 2213 Cedar St, Louisville, KY 40212
- Louis Car Towings — 930 W Main St, Louisville, KY 40202
- AL Hansen Paint & Metal Shop Inc — 2612 W Chestnut St, Louisville, KY 40211
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.7803989
- Latitude
- 38.2637404
