Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3940 Dixie Hwy Shively, KY 40216-4147

    • Retail space
    • 8,088 SF
    • 1.67 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-0379356
    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 3940 Dixie Hwy

    Year built
    1989
    Lot size
    1.67 lot acres
    Property size
    8,088 SF
    Zone code
    C2-COMMERCIAL
    Property type
    Retail space
    APN
    25101503010000
    APU
    25101503010000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shively
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.808
    Latitude
    38.1936
    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
    $13,222
    $337,000
    $987,810
    $1,324,810
    -
    $337,000
    $987,810
    $1,324,810

    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

    • $699,000
      9,000 SF

      Shively Commercial Building Investment Opportunity

      Commercial building in Shively with additional storage structures.
      2901 Dixie Hwy, Louisville, KY 40216
      View Details
    • $1,395,000
      43,560 SF

      Dixie Hwy Commercial Corner Lot

      1+ Acre Retail Opportunity in Louisville, KY
      4511 Dixie Hwy, Louisville, KY 40216
      View Details
    • Contact for pricing
      220,844 SF

      Prime Louisville Retail Opportunity

      Vacant Walmart, 220,844 SF, High Traffic
      7100 Raggard Rd, Louisville, KY 40216
      View Details
    • Contact for pricing
      1,353 SF

      Prime QSR Site - Louisville, KY

      1,353 SF Vacant QSR Building, High Visibility
      7010 Raggard Rd, Louisville, KY 40216
      View Details
    • $1,295,000
      43,560 SF

      Prime Corner Lot with C2 Zoning

      One-acre corner lot with C2 zoning, high traffic, development potential.
      4511 Dixie Hwy, Louisville, KY 40216
      View Details
    • Contact for pricing
      48,850 SF

      Louisville Distribution Center

      48,850 SF, 100 Docks, Fee Simple
      5012 Camp Ground Rd, Louisville, KY 40216
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,160 SF

      Retail Spaces Available For Lease

      Multiple in-line retail spaces available for lease.
      4420 Dixie Hwy, Louisville, KY 40216
      View Details
    • Contact for pricing
      5,225 SF

      Louisville Retail Building - Gagel Ave

      5,225 SF Freestanding Retail Space in Louisville, KY
      1715 Gagel Ave, Louisville, KY 40216
      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
      View Details
    • $12,720,000

      Modern Louisville Office Building

      Pristine 40,850 SF office building in Louisville, Kentucky.
      5012 Camp Ground Rd, Louisville, KY 40216
      View Details
    • Contact for pricing
      253,000 SF

      Louisville Industrial Land Opportunity

      Prime 12-acre site, ideal for industrial development.
      6001 Camp Ground Rd, Louisville, KY 40216
      View Details
    • $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
      6.0k
    • Visitors by month
      4.4k
    • Avg Time on site
      15 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3940 Dixie Hwy
    Shively, KY 40216-4147
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.