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Property profile & analytics
OFF-MARKET Estimated value $1,590,000
Retail space

1961 Brownsboro Rd Louisville, KY 40206-2177

17,118 SF 1.56 ac lot Built 1956
Entity Owned 3-yr Hold Free & Clear
Property ID
US34-0154048
Property summary
AI-generated overview

This exceptional freestanding retail property, located at 1961 Brownsboro Road in Louisville, Kentucky, presents a unique investment opportunity. The single-tenant building boasts a generous 1,624 square feet of space, currently vacant and ready for immediate occupancy. Situated on a substantial 67,866 square foot lot, the property offers ample room for expansion, outdoor seating, or additional parking. The building is a single-story structure, providing convenient access and functionality. Its C2 zoning allows for a variety of commercial uses, providing flexibility for potential tenants. The property's address is 1961 Brownsboro Rd, Louisville, KY 40206. The property identification number (APN) is 088B00010000. This location offers high visibility and accessibility, making it an ideal space for a variety of retail businesses. The substantial lot size provides significant potential for future development or expansion. The property's single-tenant occupancy simplifies management and provides a clear revenue stream for the owner. This is a rare opportunity to acquire a well-located, freestanding retail building in a thriving Louisville market. The property is ready for immediate lease or owner-occupancy.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1956
Total area 17,118 SF
Lot 1.56 ac (67,866 SF)
Zoning code C2-COMMERCIAL
APN 05088B00010000
UPID US34-0154048
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
  • Tikal Placita Tienda Latina Grocery & Convenience Store Food Market
  • Papa John's Pizza Restaurant
  • The Laundry Basket (Bike/Boat/Book/etc) Store
  • ATM Atm
  • LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.43M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.56M
Blend (final) Blend
$1.59M
Owner & transaction history
1961 Brownsboro Rd LLC · 3 yrs held
1961 Brownsboro Rd LLC
since 2023
Last sale
$1.7M
7 recorded transactions
2024
Price N/A
2023
$1.7M
2022
$1.3M
2019
Price N/A
2017
$1.3M
2017
Price N/A
2017
Price N/A
Zoning & alternative use
C2-COMMERCIAL · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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