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    9800 3Rd Street Rd Louisville, KY 40272

    Sponsored
    For Sale
    $299,000

    High-traffic location, 1500 sq ft, $299,000

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,500 square foot retail property, located at 9800 3rd Street Road in Louisville, Kentucky, presents a compelling investment opportunity. Priced at $299,000 ($199.33 per square foot), this versatile space is currently operating as a salon but is ideally suited for a variety of uses. The property boasts a C1/R4 zoning designation, offering flexibility for potential tenants. Its prime location on 3rd Street Road ensures high visibility, with a significant daily traffic volume exceeding 10,080 vehicles. The 0.798-acre lot (per Lojic) includes convenient on-site parking located behind the building. The existing structure offers easy ingress and egress to 3rd Street Road, and the property's configuration allows for the possibility of a drive-through lane, a significant advantage for quick-service restaurants or similar businesses. This property is perfect for a variety of concepts, including a quick-service restaurant (QSR), coffee shop/cafe, salon, or office space. Its strong location and adaptable layout make it an attractive investment for both established businesses and new ventures. The Jefferson County address and 40272 zip code further enhance its accessibility and appeal.

    Property Features for 9800 3Rd Street Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,500 SF

    HighLights

    • $299,000 asking price for this 1,500 square foot retail property.
    • Located at 9800 3rd Street Rd, Louisville, KY 40272.
    • C1/R4 zoning.
    • 1,500+/- square foot building on a 0.798‑acre lot with on‑site parking.
    • High visibility with easy access to 3rd Street Rd (10,080 VPD).
    • Drive‑through potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Split Endz Beauty Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.8357643
    Latitude
    38.1150665

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, 1500 sq ft, $299,000
    Where is this individual retail property located?
    The property is located at 9800 3Rd Street Rd Louisville, KY.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: $299,000 asking price for this 1,500 square foot retail property.; Located at 9800 3rd Street Rd, Louisville, KY 40272.; C1/R4 zoning.
    Request Owner's contact information
    9800 3Rd Street Rd Louisville, KY 40272
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    Louisville, KY 40272
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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
    9800 3Rd Street Rd Louisville, KY 40272
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