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    Property profile & analytics

    4627 Dixie Hwy Louisville, KY 40216

    • Schools
    • 29,531 SF
    • 7.01 lot acres
    For Sale
    View listing
    $1,700,000
    Value Estimation
    Last Sale
    Feb 13, 2023
    $4,000,000
    Location Intelligence
    Property ID
    US34-0243600
    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

    • Schools

    Property Details for 4627 Dixie Hwy

    Year built
    2003
    Lot size
    7.01 lot acres
    Property size
    29,531 SF
    Zone code
    C2-COMMERCIAL
    Property type
    Schools
    APN
    24102101650000
    APU
    24102101650000

    Description

    This exceptional 1.7-acre commercial land parcel presents a prime investment opportunity on Dixie Highway in Louisville, Kentucky. Boasting approximately 184 feet of frontage along Dixie Highway, this strategically located property benefits from a high average daily traffic count of approximately 58,000 vehicles. Its proximity to the I-264 interchange (less than half a mile away) ensures excellent accessibility and visibility for any commercial development. The property is zoned C-2, allowing for a variety of commercial uses. The asking price is $1,700,000, translating to a land value of $666,667 per acre. While a minor plat will be required, this site offers significant potential for retail development, ground lease opportunities, or build-to-suit projects. The address is 4627 Dixie Hwy, Louisville, KY 40216, situated within Jefferson County. This is a rare chance to acquire a highly visible and accessible commercial lot in a thriving Louisville location. The property's location and high traffic count make it an ideal site for businesses seeking strong visibility and convenient access for customers. Don't miss this opportunity to secure a valuable piece of commercial real estate in a prime location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,220,000
      6.5%
      $4,145,000
      7%
      $4,275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,295,000
      Geo Method
      $4,130,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,955,000
      Retail
      $4,550,000
      Mixed-Use
      $4,155,000
      Hospitality
      $4,655,000
      Educational
      $5,040,000
      Residential Income
      $4,540,000
      Energy
      $3,845,000
      Income-Based Land
      $4,550,000
      Food Service
      $4,480,000

    Location Insight

    • Map
    • Local Demand
    City
    Shively
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.8195
    Latitude
    38.1762
    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
    $44,135
    $2,645,080
    $1,777,240
    $4,422,320
    -
    $2,645,080
    $1,777,240
    $4,422,320

    Comparable in this City

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      5.24 Acres

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      View Details

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    Louisville, KY 40216
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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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