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    315 Roland St Louisville, KY 40206

    Sponsored
    For Lease
    $3 SF/Yr ($5,341 /Mo)

    Prime 21,366 SF Flex Space Available

    Lot size:
    21,366 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 21,366-square-foot commercial property at 315 Roland Street in Louisville, Kentucky, presents a unique investment opportunity. Located in Jefferson County, this single-tenant building offers versatile space suitable for a variety of uses, including executive office, flex space, and warehouse operations. The property boasts a rich history, having been constructed in 1882, and features three stories within a single building situated on a 0.28-acre lot. The building's zoning is C-2 (Commercial), allowing for a wide range of permitted business activities. The entire 21,366 square feet is currently vacant, providing immediate occupancy for a prospective tenant. The property's address is 315 Roland St, Louisville, KY 40206. Its convenient location offers excellent accessibility and visibility. The building's age and character provide a unique aesthetic, while the substantial square footage offers ample space for expansion and customization. This is an exceptional opportunity to acquire a significant commercial property in a desirable Louisville location. The property is available for lease. The building's historical charm combined with its modern adaptability makes it an ideal location for a business seeking a unique and functional space.

    Property Features for 315 Roland St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,366 SF
    Total Rate
    5341.5

    Building Details

    Year Built
    1882
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Available Space
    Size
    21,366 SF
    Rate per SF
    $3

    HighLights

    • Excellent I‑65 access, near I‑64, I‑71, & I‑264.
    • Highly adaptable space suitable for office, industrial, warehouse, or flex uses.
    • Ideal for warehouse use or redevelopment.
    • Ample on‑site parking.
    • C‑2 Commercial zoning; versatile for retail, office, and service businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office 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
    -85.6999789
    Latitude
    38.2643578

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    FAQs

    What type of property is this?
    Distribution property - Prime 21,366 SF Flex Space Available
    Where is this distribution property located?
    The property is located at 315 Roland St Louisville, KY.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: Excellent I-65 access, near I-64, I-71, & I-264.; Highly adaptable space suitable for office, industrial, warehouse, or flex uses.; Ideal for warehouse use or redevelopment.
    Request Owner's contact information
    315 Roland St Louisville, KY 40206
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    Louisville, KY 40206
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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
    315 Roland St Louisville, KY 40206
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