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    4627 Dixie Hwy Louisville, KY 40216

    For Sale
    $1,700,000

    1.7-Acre Commercial Lot, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.7-acre commercial land parcel presents a prime investment opportunity on Dixie Highway in Louisville, Kentucky. Boasting approximately 184 feet of frontage along Dixie Highway, this strategically located property benefits from a high average daily traffic count of approximately 58,000 vehicles. Its proximity to the I-264 interchange (less than half a mile away) ensures excellent accessibility and visibility for any commercial development. The property is zoned C-2, allowing for a variety of commercial uses. The asking price is $1,700,000, translating to a land value of $666,667 per acre. While a minor plat will be required, this site offers significant potential for retail development, ground lease opportunities, or build-to-suit projects. The address is 4627 Dixie Hwy, Louisville, KY 40216, situated within Jefferson County. This is a rare chance to acquire a highly visible and accessible commercial lot in a thriving Louisville location. The property's location and high traffic count make it an ideal site for businesses seeking strong visibility and convenient access for customers. Don't miss this opportunity to secure a valuable piece of commercial real estate in a prime location.

    Property Features for 4627 Dixie Hwy

    General Information

    Property type
    Land
    Lot Size
    74,052 SF

    HighLights

    • $1,700,000 asking price.
    • 1.7‑acre commercial land parcel.
    • C‑2 zoning.
    • $666,667 per acre land value.
    • 184 feet of Dixie Highway frontage with 58,000+ ADT.
    • 0.5 miles to I‑264 interchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.8195427
    Latitude
    38.1764332

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    FAQs

    What type of property is this?
    Land - 1.7-Acre Commercial Lot, High Traffic
    Where is this land located?
    The property is located at 4627 Dixie Hwy Louisville, KY.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: $1,700,000 asking price.; 1.7-acre commercial land parcel.; C-2 zoning.
    (502) 753-2082
    Request Owner's contact information
    4627 Dixie Hwy Louisville, KY 40216
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    Louisville, KY 40216
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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
    4627 Dixie Hwy Louisville, KY 40216
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