1601 Oak St Louisville, KY 40210
- Grocery and convenience stores
- 1,083 SF
- 0.71 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 1601 Oak St
- Lot size
- 0.71 lot acres
- Property size
- 1,083 SF
- Property type
- Grocery and convenience stores
- Property subtype
- Dormitories
Description
This exceptional 0.71-acre property presents a compelling investment opportunity in Louisville, Kentucky. Located at 1601 W Oak St, 40210, this land parcel boasts versatile C2 and R7 zoning, allowing for a diverse range of development projects. The 1,083 square foot site is priced at $115.42 per square foot, offering significant potential for return. Its strategic location near Downtown Louisville, Norton Health Care Sports and Learning Center, Norton West Louisville Hospital, and Simmons College of Kentucky provides convenient access to key amenities and a strong potential tenant base. The property's designation within a city opportunity zone further enhances its investment appeal. This site is suitable for various uses, including retail, office space, and single-family or multi-family residential development, addressing the area's housing demand. The existing building, approximately 1,083 square feet, could be repurposed or demolished to accommodate a new construction project. This is an ideal opportunity for developers and investors seeking a prime location with flexible zoning and high growth potential in a thriving Kentucky market. The property is available for purchase individually.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.781041
- Latitude
- 38.237156
