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KY
Louisville
40258
4529 Greenwood Rd

Property profile

4529 Greenwood Rd Louisville, KY 40258

FOR LEASE

Sports & entertainment properties

Property ID

US34-2386423

23,084 SF 4.08 ac lot Built 1960

Individually Owned 4-yr Hold Free & Clear

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4529 Greenwood Rd, Louisville, KY 40258
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This exceptional freestanding retail building, located at 4529 Greenwood Rd in Louisville, Kentucky, presents a unique investment opportunity. Boasting 22,630 square feet of space on a 3.57-acre lot, this single-tenant property offers significant potential for a variety of uses. Built in 1980 and renovated in 2020, the building is classified as Class C and features a clear-span interior, perfect for adaptable layouts. The property includes two restrooms, a kitchen, and multiple storage rooms, catering to diverse business needs. Ample parking is provided with 164 spaces. The property is zoned C-2 and situated in Jefferson County, KY, zip code 40258. The current tenant is on a month-to-month lease, requiring 30 days' notice to vacate and 48 hours' notice for showings. Property taxes are $0.49 per square foot. This high-traffic location is ideal for businesses seeking a prominent presence in Louisville, with potential uses including automotive sales, auto service, flea markets, or event centers. The property's size and features make it an attractive option for businesses seeking a versatile and spacious retail space. The building is a single-story structure.

Property type Sports & entertainment properties

Use group RECREATIONAL, ENTERTAINMENT

Year built 1960

Total area 23,084 SF

Lot 4.08 ac (177,725 SF)

Zoning code C2-COMMERCIAL

APN 25112300360000

UPID US34-2386423

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Bingo Hall

4529 Greenwood Rd Louisville, KY 40258

Louisville metro Census 12502 LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

$355k

CAP Approach CAP

by Request

Comparable Approach Comparable

$703k

Blend (final) Blend

$530k

since 2022

Last sale

$31,865

2 recorded transactions

2022

$31,865

2009

Price N/A

Comparables

6 recent transactions · within 1.5 mi

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