13101 Dixie Hwy Louisville, KY 40272
- Retail space
- 6,452 SF
- 1.71 lot acres
Current Use by Public Records
- Village Barber Shop / Barber Shop
Property Details for 13101 Dixie Hwy
- Year built
- 1970
- Lot size
- 1.71 lot acres
- Property size
- 6,452 SF
- Zone code
- C1-COMMERCIAL
- Property type
- Retail space
- APN
- 24105905890000
- APU
- 24105905890000
Description
This exceptional retail property, located at 13101 Dixie Hwy in Louisville, KY, presents a compelling investment opportunity. Situated on a 2.96-acre lot in a rapidly growing area of southwest Jefferson County, this property benefits from its proximity to Fort Knox Army base and the influx of families due to recent Army realignment. The high-traffic location boasts an average daily vehicle count of nearly 27,000 vehicles. Currently 100% leased, the property generates a substantial monthly rental income of $4,850 from four units under gross leases. This represents a strong, stable cash flow for investors. An adjacent 1.25-acre lot is also available for purchase separately, offering potential for expansion or development. The property's prime location and strong tenant occupancy make it an ideal investment for those seeking a high-yield, low-risk opportunity in a thriving market. Detailed financial information is available upon request. This is a turnkey investment ready for immediate income generation. The property is well-maintained and presents a solid foundation for long-term growth and profitability. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $500,000
- 6.5%
- $445,000
- 7%
- $440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $495,000
- Geo Method
- $475,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $450,000
- Retail
- $445,000
- Mixed-Use
- $570,000
- Hospitality
- $545,000
- Educational
- $570,000
- Residential Income
- $435,000
- Energy
- $540,000
- Income-Based Land
- $470,000
- Food Service
- $435,000
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.8847
- Latitude
- 38.0651
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA