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Property profile & analytics
FOR SALE
Retail space

1444 Dixie Hwy Louisville, KY 40210

0.11 ac lot Built 1900
Individually Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US34-0762455
Property summary
AI-generated overview

This exceptional business opportunity presents a fully equipped, 2014-constructed building located at 1444 Dixie Highway in Louisville, Kentucky. Priced at $375,000, the property offers significant potential for a variety of uses beyond its original configuration as a grocery store/restaurant. The building's modern design and existing infrastructure provide a solid foundation for a seamless transition to a new venture. Included in the sale price is a substantial amount of commercial kitchen equipment, ready for immediate use. This equipment package comprises three freezers, a walk-in cooler ideal for fresh meats, seven additional coolers, a grill, two deep fryers, and an oven – representing a significant cost savings for any prospective buyer. Inventory is not included in the sale price and will be sold separately. The property sits on a lot with zero acres, making it an ideal location for a business requiring convenient access and visibility. The building's strategic location on Dixie Highway ensures high traffic volume and excellent exposure to potential customers. This is a rare opportunity to acquire a turnkey commercial space with significant existing equipment, minimizing start-up costs and maximizing potential for immediate profitability. Serious inquiries are encouraged to explore this promising investment.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Lot 0.11 ac (4,761 SF)
Zoning code C1-COMMERCIAL
APN 07041C01370000
UPID US34-0762455
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
Current use
Occupant on record · Public records
  • Ali's Food Mart Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
MOHAMED MAHAD
MOHAMED MAHAD
Zoning & alternative use
C1-COMMERCIAL · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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