Property profile

3795 Lexington Rd Louisville, KY 40207

OFF-MARKET
Auto shops
Property ID
US34-0193600
2,849 SF 0.31 ac lot Built 1938
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,849-square-foot retail space presents a unique short-term lease opportunity in the vibrant St. Matthews neighborhood of Louisville, Kentucky. Located at 3795 Lexington Road, this single-tenant property boasts a highly visible position near the intersection of Lexington Road and Shelbyville Road, ensuring excellent exposure to a large volume of daily traffic. Previously used as an automotive repair shop, the interior has been completely cleared, offering a blank canvas for a diverse range of commercial ventures. The property's flexible layout and ample parking make it ideal for a variety of uses, including but not limited to temporary retail operations such as holiday pop-up shops or a temporary fuel station. The building is classified as a free-standing, mixed-use structure within Jefferson County, Kentucky, and its zip code is 40207. This short-term lease provides an unparalleled chance to establish a presence in a thriving commercial area with minimal long-term commitment. The property's convenient location and adaptable space make it an attractive option for businesses seeking a strategic foothold in a high-traffic area of Louisville. Interested parties are encouraged to inquire for further details and to explore the possibilities this versatile property offers.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1938
Total area 2,849 SF
Lot 0.31 ac (13,560 SF)
Zoning code C2-COMMERCIAL
APN 14073L00340000
UPID US34-0193600

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3795 Lexington Rd Louisville, KY 40207-3023
Louisville metro Census 7800 LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.55M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.66M

Owner & transaction history

since 2023
Last sale
$2.0M
5 recorded transactions
2023
$2.0M
2015
$1.2M
2014
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C2-COMMERCIAL · Louisville, KY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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