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    2927 Market St Louisville, KY 40212

    Sponsored
    For Sale
    $180,000

    Prime Louisville location, needs rehab. Great investment potential.

    Property size:
    3,504 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional owner-user opportunity presents a 3,504 square foot retail building situated on a 0.1-acre lot at 2927 W Market St in Louisville, Kentucky, zip code 40212. Currently configured as a convenience store and restaurant, this property is zoned C-2 - Commercial District, offering versatile usage potential. The asking price is $180,000, translating to $51.37 per square foot. The property is a single-tenant building requiring rehabilitation. The property's APN is 003H00160000. This free-standing building presents a unique chance to acquire a well-located commercial property in a thriving area of Jefferson County. Cash to seller terms are preferred. The property's location provides excellent visibility and accessibility, making it an ideal investment for a savvy buyer looking for a hands-on project with significant upside. The building's size and zoning allow for a variety of commercial uses, making it a flexible and attractive investment opportunity. Serious inquiries only.

    Property Features for 2927 Market St

    General Information

    Property type
    Restaurants
    Square Feet
    3,504 SF
    Lot Size
    4,356 SF

    HighLights

    • Active listing.
    • Free‑standing retail building for sale.
    • Convenience store; 3,504 square feet.
    • Asking price: $180,000.
    • $51.37 per square foot.
    • Cash sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.8007163
    Latitude
    38.2604502

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    FAQs

    What type of property is this?
    Restaurant - Prime Louisville location, needs rehab. Great investment potential.
    Where is this restaurant located?
    The property is located at 2927 Market St Louisville, KY.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: Active listing.; Free-standing retail building for sale.; Convenience store; 3,504 square feet.
    Request Owner's contact information
    2927 Market St Louisville, KY 40212
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    Louisville, KY 40212
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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
    2927 Market St Louisville, KY 40212
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