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    12630 Taylorsville Rd Louisville, KY 40299
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    12630 Taylorsville Rd Louisville, KY 40299

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    • Commercial land
    For Sale
    $1,250,000
    View Listing →
    Retail Land Across From Kroger For Sale
    $1,250,000
    1.20 Acres

    Retail Land Across From Kroger

    1.2 acres of retail land with high traffic and demographics.

    12630 Taylorsville Rd, Louisville, KY 40299
    View Listing
    Property ID
    US34-2166134
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 12630 Taylorsville Rd

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    1.2 Acres of Retail Land Located Directly Across from Kroger-Anchored Retail Center. Ingress/egress Easement in Place with Neighbor Retail Tenant. Great Retail Frontage on Taylorsville Road. Traffic Counts in Excess of 20,000 Daily and Exceptional Income and Population Demographics. Strong Retail Trade Area with Growing Population and Households.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.5164771
    Latitude
    38.1871656

    Comparable in this City

    • Contact for pricing

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      1,025 SF

      Bluegrass Industrial Park Land

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      Retail Land Across From Kroger

      1.2 acres of retail land with high traffic.
      12630 Taylorsville Rd, Louisville, KY 40299
      View Details
    • $2,370,000
      39.34 Acres

      Louisville Land Opportunity Near Parklands

      39.34 acres of land near The Parklands at Floyds Fork.
      4413 Hopewell Rd, Louisville, KY 40299
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      Industrial Land Near Bluegrass Park

      Rare industrial land opportunity with utilities on-site.
      10000 Grassland Dr, Louisville, KY 40299
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    Similar Nearby for Sale

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      Corner Lot Near Tully Elementary

      Corner lot suitable for retail or office development.
      3301 College Dr, Louisville, KY 40299
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    • Contact for pricing

      Retail Land Across From Kroger

      1.2 acres of retail land with high traffic.
      12630 Taylorsville Rd, Louisville, KY 40299
      View Details
    • Contact for pricing
      1,025 SF

      Bluegrass Industrial Park Land

      Land in Bluegrass Industrial Park with high traffic frontage.
      2013 Watterson Trl, Louisville, KY 40299
      View Details
    • $2,370,000
      39.34 Acres

      Louisville Land Opportunity Near Parklands

      39.34 acres of land near The Parklands at Floyds Fork.
      4413 Hopewell Rd, Louisville, KY 40299
      View Details
    • $828,104

      Industrial Land Near Bluegrass Park

      Rare industrial land opportunity with utilities on-site.
      10000 Grassland Dr, Louisville, KY 40299
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Corner Lot Near Taylorsville Road

      Corner lots suitable for office or retail development.
      3301 College Dr, Louisville, KY 40299
      View Details
    • Contact for pricing

      Prime Commercial Land in Jeffersontown

      High-traffic location suitable for ground lease or build-to-suit.
      9604 Taylorsville Rd, Jeffersontown, KY 40299
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      Jeffersontown Office Condo For Rent

      Well-appointed office condo in a prime Jeffersontown location.
      10610 Watterson Center Ct, Louisville, KY 40299
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      Retail Space on Taylorsville Road

      Retail space with high visibility and convenient access.
      9710-1/2 Taylorsville Rd, Louisville, KY 40299
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    • Contact for pricing

      Retail Space for Lease

      Retail property available for lease in Louisville, Kentucky.
      12515 Taylorsville Rd, Louisville, KY 40299
      View Details
    • $9 SF/Yr
      12,700 SF

      Air Conditioned Warehouse Space Available

      Warehouse space with air conditioning, dock doors, and office area.
      1904 Watterson Trl, Louisville, KY 40299
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    View Listing
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    12630 Taylorsville Rd
    Louisville, KY 40299
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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