Technical
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Distress signals
Property profile

700 Landis Ridge Dr Louisville, KY 40245

OFF-MARKET
Restaurants
6,195 SF
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Property summary

AI-generated overview

This exceptional 6,195-square-foot restaurant space presents a unique opportunity for a discerning operator. Located within the 650-unit Middletown Landing luxury apartment complex, this second-generation restaurant boasts a prime location less than a mile from the high-traffic intersection of I-265 and Shelbyville Road, ensuring significant visibility and accessibility. Built in 2013, the space features a beautiful interior with a large bar and impressive high vaulted ceilings, creating an elegant and inviting atmosphere. The property also includes an outdoor patio area situated around a bustling pool and volleyball court, providing additional seating and a vibrant ambiance. This is a turnkey opportunity with significant potential. The surrounding area demonstrates strong demographics, with over 41,000 households within a five-mile radius and a median household income exceeding $116,000. The C1 zoning ensures flexibility for a variety of restaurant concepts. The ample shared parking caters to both residents and patrons. This is a rare chance to establish a thriving business in a high-demand location with exceptional existing infrastructure. The space is currently vacant and ready for immediate occupancy.

Property profile

Verified
Property type Restaurants
Total area 6,195 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Real Estate Agency

Location

700 Landis Ridge Dr Louisville, KY 40245
Louisville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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