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Property profile & analytics
OFF-MARKET
Turn key restaurants

2800 Packerland Way Louisville, KY 40213-3551

3,955 SF 1.21 ac lot Built 2003
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US34-0316115
Property summary
AI-generated overview

This exceptional 1.2-acre commercial property, zoned EZ-1, presents a rare opportunity for a fast-food or restaurant operator. Located just off I-65 at Fern Valley Road in Jefferson County, this single-tenant building offers 3,955 square feet of space, currently vacant, and is ideally suited for a drive-thru operation. The property boasts ample parking with 41 spaces and benefits from a strong demographic profile, with over 53,000 people residing within a 3-mile radius and an average daily traffic count of 33,000. Its strategic location provides excellent visibility and accessibility, placing it within one mile of three major Louisville employers: UPS World Port, Ford Motor Company, and GE Appliances. This presents a significant advantage for attracting a substantial customer base. The lot size is 52,272 square feet, offering ample space for outdoor seating or additional development. The seller is closing four similar locations in Louisville, indicating a strategic repositioning of their assets. This presents a unique chance to acquire a well-situated property in a thriving market. The property is ready for immediate occupancy and offers significant potential for a new tenant to establish a successful business.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2003
Total area 3,955 SF
Lot 1.21 ac (52,708 SF)
Zoning code EZ1-ENTERPRISE ZONE
APN 23063104100000
UPID US34-0316115
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
  • Wendy's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Db Real Estate LLC
Db Real Estate LLC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
EZ1-ENTERPRISE ZONE · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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