Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

701 Valley College Dr Louisville, KY 40272

FOR SALE
Retail space
Property ID
US34-0348355
13,547 SF 2.55 ac lot Built 2006
Last sale Nov 2005 · $775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a single-story retail building totaling approximately 14,500 square feet located at 701 Valley College Dr in Louisville, Kentucky, situated on a 2.49-acre site. The site includes 64 parking spaces and provides a drive-through feature. The property is zoned C-1 and is configured for retail use, with potential for re-tenanting by a range of neighborhood and commercial retail users or for redevelopment into additional retail and residential-oriented uses (including…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$1.61M
Assessed land$869k
Assessed improvement$743k
Effective rate1.20%

Value estimate

· Nov 2026
$1.44M
$1.29M – $1.58M
Submarket $/SF estimate$1.96M
NOI build-up
Gross scheduled income$262k
Vacancy & credit loss−$22k
Operating expenses−$72k
NOI · 7.15% cap applied$168k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$127/SF
Submarket average, outlier-cleaned · 396 recorded sales of this use type
Observed band · Q1–Q3$64 – $215
Qualifying comparables5

Cap rate analysis

How does the asset earn?
7.15%
$168k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1-COMMERCIAL
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.4
Food Market10.2
Realty agency10.2

Location

701 Valley College Dr Louisville, KY 40272
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7208 Whipple, Louisville, KY 40272-4746 $330,000 Dec 2024 7,659 SF
10509 Dixie, Louisville, KY 40272-4347 $638,000 May 2024 16,008 SF
13101 Dixie, Louisville, KY 40272-4752 $500,000 Aug 2023 6,452 SF
8715 3rd St, Louisville, KY 40272-2302 $1,308,550 Nov 2022 7,280 SF
10642 Dixie, Louisville, KY 40272-4350 $4,903,070 Feb 2022 7,497 SF
11907 Dixie, Louisville, KY 40272-4808 $659,778 Jan 2022 8,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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