Technical
Financial
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Property profile

2139 Dixie Hwy Louisville, KY 40210

OFF-MARKET
Retail properties & Spaces
11,268 SF 0.97 ac lot Built 1950
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Property summary

AI-generated overview

This exceptional retail property at 2139 Dixie Hwy in Louisville, Kentucky, presents a compelling investment opportunity. The 11,268 square foot building, constructed in 1950, sits on a 0.97-acre lot and is zoned C1. The property boasts 5,634 square feet of net rentable space, currently occupied by long-term tenants, ensuring a stable income stream. Its prime location on Dixie Highway, between I-264 and Algonquin Parkway, guarantees high visibility and accessibility for customers. The single-story building offers significant potential for future expansion, with additional land available behind the main structure. This presents a unique chance to capitalize on the existing tenant base while exploring growth opportunities. The asking price is $975,000. This property is a rare find, combining established income with future development potential in a high-demand area. Don't miss this chance to acquire a valuable asset in a thriving Louisville market.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1950
Total area 11,268 SF
Lot 0.97 ac (42,253 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
  • Barber Shop
  • Plumbing Service General Contractor

Location

2139 Dixie Hwy Louisville, KY 40210
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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