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    Property profile & analytics

    3122 Dixie Hwy Shively, KY 40216-5063

    • Retail space
    • 3,000 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US34-0340241
    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

    • Retail space

    Property Details for 3122 Dixie Hwy

    Year built
    1981
    Lot size
    0.60 lot acres
    Property size
    3,000 SF
    Zone code
    C2-COMMERCIAL
    Property type
    Retail space
    APN
    25109200800000
    APU
    25109200800000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $315,000
      6.5%
      $290,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $295,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $295,000
      Retail
      $295,000
      Mixed-Use
      $270,000
      Hospitality
      $300,000
      Educational
      $265,000
      Residential Income
      $300,000
      Energy
      $320,000
      Income-Based Land
      $275,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Shively
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.8007
    Latitude
    38.2042
    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
    $3,386
    $78,950
    $260,300
    $339,250
    -
    $78,950
    $260,300
    $339,250

    Comparable in this City

    • Value Estimation by Request
      0.19 Acres

      4010 Dixie Hwy

      RETAIL STORES (PERSONAL SERVICES) • 0.19 Acres
      4010 Dixie Hwy, Shively, KY 40216-3808
      View Details
    • Value Estimation by Request
      0.84 Acres

      3805 7th St Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.84 Acres
      3805 7th St Rd, Louisville, KY 40216
      View Details
    • Value Estimation by Request
      0.35 Acres

      1813 Kendall Ln

      RETAIL STORES (PERSONAL SERVICES) • 0.35 Acres
      1813 Kendall Ln, Shively, KY 40216-2807
      View Details
    • Value Estimation by Request
      5,866 SF

      4400 Memorial Gdns Dr

      RETAIL STORES (PERSONAL SERVICES) • 5,866 SF
      4400 Memorial Gdns Dr, Shively, KY 40216-3877
      View Details
    • Value Estimation by Request
      11,230 SF

      4800 Dixie Hwy

      RETAIL STORES (PERSONAL SERVICES) • 11,230 SF
      4800 Dixie Hwy, Louisville, KY 40216-2504
      View Details
    • Value Estimation by Request
      6,133 SF

      4801 Dixie Hwy

      RETAIL STORES (PERSONAL SERVICES) • 6,133 SF
      4801 Dixie Hwy, Louisville, KY 40216-2503
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      15,160 SF

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      Multiple in-line retail spaces available for lease.
      4420 Dixie Hwy, Louisville, KY 40216
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    • Contact for pricing
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      View Details
    • $14 SF/Yr
      1,680 SF

      Dixie Hwy Medical/Creative Office

      1,680 SF, High-Traffic Location, Ample Parking
      4734 Dixie Hwy, Louisville, KY 40216
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      253,000 SF

      Louisville Industrial Land Opportunity

      Prime 12-acre site, ideal for industrial development.
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    • $12,720,000

      Modern Louisville Office Building

      Pristine 40,850 SF office building in Louisville, Kentucky.
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    • $6 SF/Yr

      Industrial Buildings on 4.49 Acres

      Industrial buildings totaling 41,001 SF on 4.49 acres.
      1508 Crums Ln #Bldg., Louisville, KY 40216
      View Details

    Property Visit Statistics

    • Visits by month
      3.3k
    • Visitors by month
      1.8k
    • Avg Time on site
      9 min
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    Shively, KY 40216-5063
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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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