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    9800 3Rd Street Rd Louisville, KY 40272

    • Retail space
    • 1,504 SF
    • 0.85 lot acres
    For Sale
    View listing
    $299,000
    Value Estimation
    Location Intelligence
    Property ID
    US34-0216646
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Split Endz / Beauty Salon / Hair Salon

    Property Details for 9800 3Rd Street Rd

    Year built
    1965
    Lot size
    0.85 lot acres
    Property size
    1,504 SF
    Zone code
    C1-COMMERCIAL
    Property type
    Retail space
    APN
    24104800610000
    APU
    24104800610000

    Description

    This exceptional 1,500 square foot retail property, located at 9800 3rd Street Road in Louisville, Kentucky, presents a compelling investment opportunity. Priced at $299,000 ($199.33 per square foot), this versatile space is currently operating as a salon but is ideally suited for a variety of uses. The property boasts a C1/R4 zoning designation, offering flexibility for potential tenants. Its prime location on 3rd Street Road ensures high visibility, with a significant daily traffic volume exceeding 10,080 vehicles. The 0.798-acre lot (per Lojic) includes convenient on-site parking located behind the building. The existing structure offers easy ingress and egress to 3rd Street Road, and the property's configuration allows for the possibility of a drive-through lane, a significant advantage for quick-service restaurants or similar businesses. This property is perfect for a variety of concepts, including a quick-service restaurant (QSR), coffee shop/cafe, salon, or office space. Its strong location and adaptable layout make it an attractive investment for both established businesses and new ventures. The Jefferson County address and 40272 zip code further enhance its accessibility and appeal.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.8365
    Latitude
    38.1151
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,144
    $91,620
    $87,360
    $178,980
    -
    $91,620
    $87,360
    $178,980

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    Louisville, KY 40272
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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
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