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    Bardstown Rd Louisville, KY 40204

    For Sale
    $6,000,000

    Prime Bardstown Rd location, multi-tenant retail investment.

    Property size:
    14,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a portfolio of three buildings totaling 14,400 square feet situated on Bardstown Road in Louisville's vibrant Highlands neighborhood. The property consists of four adjacent parcels, currently operating at 100% occupancy with a diverse tenant mix including two established restaurants. The buildings are two stories high and zoned C-1 Commercial District, offering flexibility for future uses. The current lease structure is a triple net (NNN) lease with a remaining term of one year, providing immediate cash flow and potential for long-term growth. The asking price is $6,000,000, translating to a price per square foot of $416.67. This is a unique opportunity to acquire a well-established, multi-tenant retail portfolio in a high-demand location. The seller is open to considering offers on individual properties, but prefers a package sale. A confidentiality agreement is required to access further details and financial information. This is an ideal investment for those seeking a strong return in a thriving commercial area. The property's prime location on Bardstown Road ensures high visibility and accessibility, attracting a large customer base. The existing tenants provide a stable income stream, minimizing risk and maximizing potential for future appreciation.

    Property Features for 0 Bardstown Rd

    General Information

    Property type
    Retail properties
    Square Feet
    14,400 SF

    Building Details

    Buildings
    3
    Stories
    2

    HighLights

    • Three‑building portfolio totaling 14,400 square feet on Bardstown Road in Louisville's Highlands neighborhood.
    • 100% occupancy with diverse tenant mix, including two restaurants.
    • Two‑story buildings, C‑1 zoning, offering flexibility.
    • Triple net (NNN) lease with one year remaining, providing immediate cash flow.
    • $6,000,000 asking price ($416.67/SF).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7093174
    Latitude
    38.2319918

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    FAQs

    What type of property is this?
    Retail property - Prime Bardstown Rd location, multi-tenant retail investment.
    Where is this retail property located?
    The property is located at Bardstown Rd Louisville, KY.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: Three-building portfolio totaling 14,400 square feet on Bardstown Road in Louisville's Highlands neighborhood.; 100% occupancy with diverse tenant mix, including two restaurants.; Two-story buildings, C-1 zoning, offering flexibility.
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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
    Bardstown Rd Louisville, KY 40204
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