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    Joe B. Hall Ave Shepherdsville, KY 40165

    For Sale
    $7,150,000

    13 Acres, I-65 Frontage, High-Demand Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 13-acre commercial land parcel in Shepherdsville, Kentucky, presents a prime development opportunity. Zoned B1-Highway Business, this property boasts unparalleled visibility and accessibility due to its I-65 frontage. The asking price is $7,150,000, translating to $550,000 per acre. Its strategic location within Shepherdsville's dominant retail trade area places it near a multitude of established businesses, including Kroger, Walmart, Lowe's, and numerous national restaurant chains. Furthermore, the site benefits from proximity to major attractions such as the Paroquet Springs Conference Center and the new Shepherdsville Aquatic Center. The area's robust infrastructure is further enhanced by its location near a significant concentration of industrial users, including multiple Amazon and UPS warehouses, as well as pharmaceutical and automotive facilities. This location offers easy access to Muhammad Ali International Airport, UPS Worldport, and the Ford Assembly Plant, all within a 15-mile radius. The property's APN is 037-NE0-10-010. The seller is open to subdividing the land, making it an adaptable option for various development projects. This site is ideal for restaurants, hotels, retail establishments, and other hospitality and recreational ventures, capitalizing on the high traffic volume and strong local economy. The property is situated at Joe B. Hall Ave, Shepherdsville, KY 40165.

    Property Features for 0 Joe B. Hall Ave

    General Information

    Property type
    Land
    Lot Size
    566,280 SF

    HighLights

    • 13‑acre commercial land parcel in Shepherdsville, KY, zoned B1‑Highway Business.
    • $7,150,000 asking price ($550,000/acre).
    • High visibility and accessibility with I‑65 frontage.
    • Located in Shepherdsville's dominant retail trade area near major retailers and restaurants.
    • Seller will consider subdividing the land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shepherdsville
    County
    Bullitt
    State
    Kentucky
    Longitude
    -85.705657
    Latitude
    37.988196

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    FAQs

    What type of property is this?
    Land - 13 Acres, I-65 Frontage, High-Demand Location
    Where is this land located?
    The property is located at Joe B. Hall Ave Shepherdsville, KY.
    What is the asking price?
    The asking price for this property is $7,150,000.
    What are key features of this property?
    This property features: 13-acre commercial land parcel in Shepherdsville, KY, zoned B1-Highway Business.; $7,150,000 asking price ($550,000/acre).; High visibility and accessibility with I-65 frontage.
    (502) 253-1811
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    Joe B. Hall Ave 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
    Joe B. Hall Ave Shepherdsville, KY 40165
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