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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1848 New Veechdale Rd Simpsonville, KY 40067

0.86 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering comprises two lots totaling 2.49 acres, ideally situated in Simpsonville, Kentucky. The property boasts a highly desirable C-Commercial zoning, allowing for a variety of development opportunities, including hospitality, office, retail, and other commercial uses. All utilities are readily available, and off-site detention is already in place, streamlining the development process. This ready-to-develop site is strategically located just east of the Gene Snyder Freeway (I-265) at the first Shelby County exit on Highway 1848, providing excellent visibility and accessibility. The property benefits from its proximity to major traffic arteries, including US Highway 60, Veechdale Road, and Interstate 64, connecting it to Shelbyville, Frankfort, Lexington, and beyond. Its location offers significant exposure from I-64, ensuring high traffic volume and visibility for any commercial venture. The site's advantageous position near the University of Louisville's Cardinal Club Golf Course and just north of the Outlet Shoppes of the Bluegrass (a 367,000+ sq ft shopping complex) further enhances its appeal and potential for success. The property's APN is 016A-03-002. This is a rare opportunity to acquire prime commercial land in a rapidly growing area, perfect for restaurants, retailers, and other businesses seeking high visibility and convenient access to major transportation routes. The lots are available for sale by owner.

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.86 ac (37,462 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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