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    713 Market St Louisville, KY 40202

    • Office buildings
    • 9,530 SF
    • 0.34 lot acres
    For Sale
    View listing
    $4,300,000
    Value Estimation
    Location Intelligence
    Property ID
    US34-0013556
    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

    • Brightwell Elder and Probate Law - Louisville / Estate Planning Attorney / Executor
    • Paletti Jr Paul R / Attorney
    • Sturm Paletti & Peter, PLLC / Attorney / Elder Law Attorney
    • Wilson Sr William R / Attorney
    • Paul Paletti Gallery / Art Gallery

    Property Details for 713 Market St

    Year built
    1860
    Lot size
    0.34 lot acres
    Property size
    9,530 SF
    Zone code
    C2-COMMERCIAL
    Property type
    Office buildings
    APN
    04017D01160000
    APU
    04017D01160000

    Description

    This exceptional mixed-use property, located at 713 E Market St in Louisville, Kentucky, presents a lucrative investment opportunity. The 9,530 square foot free-standing building sits on a 0.35-acre lot and is zoned C-2 Commercial District. Currently operating as both a gas station and a restaurant, this established business offers immediate income potential for an owner/user. The property's strategic location in Jefferson County, zip code 40202, ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The asking price is $4,300,000, translating to $472.19 per square foot. The property is offered under a NNN lease type, minimizing the owner's operational responsibilities. The APN is 017DSROW0000. This turnkey operation is ideal for an investor seeking a strong return on investment in a thriving commercial district. The property's versatility allows for potential expansion or adaptation to suit various business needs within the permitted zoning regulations. This is a rare opportunity to acquire a well-established, high-performing commercial property in a prime Louisville location. Serious inquiries are encouraged.

    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
    -85.7394
    Latitude
    38.2537
    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
    $15,724
    $452,550
    $719,110
    $1,171,660
    -
    $452,550
    $719,110
    $1,171,660

    Comparable in this City

    • Value Estimation by Request
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      41,976 SF

      445 Market St

      OFFICE BUILDING • 41,976 SF
      445 Market St, Louisville, KY 40202-6100
      View Details

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    713 Market St
    Louisville, KY 40202
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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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