3601 Buechel Byp Louisville, KY 40218-2264
Property profile & analytics
3601 Buechel Byp, Louisville, KY 40218-2264
- Turn key restaurants
- 2,110 SF
- 0.50 lot acres
Property ID
US34-2378662
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.
Location Intelligence
Current Use by Public Records
- Pizza Hut / Take-out & Catering
- Wing Street / Restaurant / Take-out & Catering
Property Details for 3601 Buechel Byp
- Year built
- 1997
- Lot size
- 0.50 lot acres
- Zone code
- C1-COMMERCIAL
- Property type
- Turn key restaurants
- APN
- 23061000700000
- APU
- 23061000700000
Description
This exceptional investment opportunity presents two Class A retail properties totaling 5,722 square feet on a 1.256-acre lot in Louisville, KY. The portfolio comprises a Pizza Hut and a Fifth Third Bank, both operating under long-term leases. The Pizza Hut lease expires in 2027, while the Fifth Third Bank lease is a new 20-year agreement with four 12% escalation renewal options. Located at 3601 Buechel Bypass, this prime location boasts exceptional visibility and high traffic counts exceeding 40,000 vehicles daily. The property benefits from its proximity to major retailers such as Kroger, Costco, Lowe's, and Walmart, ensuring consistent customer flow. The combined properties generate a Net Operating Income (NOI) of $156,201, resulting in a 5.12 cap rate. The asking price is $3,050,300, translating to $533.08 per square foot. The property is zoned C-2 and features two units with a current 50% occupancy. This is a rare opportunity to acquire a well-established, high-performing retail portfolio in a thriving Kentucky market. The APN is 061000100000 & 061000700000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.6614
- Latitude
- 38.1995
- 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
$6,852
$393,850
$187,810
$581,660
-
$393,850
$187,810
$581,660
