Retail Storefront
4801 Dixie Hwy Louisville, KY 40216
For Sale
Contact for pricing
For sale retail storefront property offering approximately 6,148 SF in Louisville, Kentucky.
Property Size6,148 SF
Price / SF$276.51
Days on Market17
Property Features for 4801 Dixie Hwy
General Information
- Standard status
- Active
- Size
- 6,148 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2004
Listing Agency:
Wittenauer Properties
(618) 719-1197
Listed By:
David Wittenauer · License #IL 1999074639
Source:
Crexi
Added: Jul 7
Changed: Jul 23
Last Checked: Jul 23 at 5:09PM
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 Wittenauer Properties
Investment Insights
Based on property information with market context.
This for-sale retail storefront property offers approximately 6,148 SF and is positioned for retail occupancy within Louisville, Kentucky. The asset type fits a storefront retail format and provides a dedicated space for an operating business.
Louisville is the economic center of the Louisville metropolitan area and serves a large regional population. The city is strategically located at the intersection of Interstates 64, 65, and 71 and is anchored by UPS Worldport, supporting a diversified economy across logistics, healthcare, manufacturing, and financial services. This broader demand profile can be an important backdrop for long-term retail real estate investment in the area.
Offered at $1,700,000, the property is located at 4801 Dixie Hwy in Louisville (40216).
Louisville is the economic center of the Louisville metropolitan area and serves a large regional population. The city is strategically located at the intersection of Interstates 64, 65, and 71 and is anchored by UPS Worldport, supporting a diversified economy across logistics, healthcare, manufacturing, and financial services. This broader demand profile can be an important backdrop for long-term retail real estate investment in the area.
Offered at $1,700,000, the property is located at 4801 Dixie Hwy in Louisville (40216).
Key Highlights
- Retail storefront property for sale in Louisville, KY
- Approximately 6,148 SF retail space
- Year built: 2004
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 | $118.0k | $19.20 |
| − Vacancy | −$8.9k | −$1.44 |
| EGI | $109.2k | $17.76 |
| − OpEx | −$32.8k | −$5.33 |
| NOI | $76.4k | $12.43 |
6,148 SF · lease $19.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.09M
$955.4K – $1.27M
NOI $76,432 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,369 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
AutoZone Auto Parts
Rental Equipment Company
Similar Off Market Nearby
- Kroger Floral Department — 4915 Dixie Hwy, Louisville, KY 40216
FAQs
What type of property is this?
Storefront property - For sale retail storefront property offering approximately 6,148 SF in Louisville, Kentucky.
Where is this storefront property located?
The property is located at 4801 Dixie Hwy Louisville, KY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Retail storefront property for sale in Louisville, KY; Approximately 6,148 SF retail space; Year built: 2004
