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    Property profile & analytics

    978 Breckenridge Ln Saint Matthews, KY 40207-4619

    • Turn key restaurants
    • 3,911 SF
    • 1.73 lot acres
    OFF-MARKET
    Value Estimation
    $2,920,000
    Last Sale
    Mar 29, 2021
    $2,892,000
    Location Intelligence
    Property ID
    US34-0015315
    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

    • Wendy's / Fast Food Restaurant / Hamburger Restaurant

    Property Details for 978 Breckenridge Ln

    Year built
    1992
    Lot size
    1.73 lot acres
    Property size
    3,911 SF
    Zone code
    C2-COMMERCIAL
    Property type
    Turn key restaurants
    APN
    22003602200000
    APU
    22003602200000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,990,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,110,000
      6.5%
      $2,665,000
      7%
      $3,110,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,935,000
      Geo Method
      $2,705,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,495,000
      Retail
      $2,475,000
      Mixed-Use
      $2,330,000
      Hospitality
      $3,065,000
      Educational
      $2,790,000
      Residential Income
      $2,920,000
      Energy
      $2,740,000
      Income-Based Land
      $2,830,000
      Food Service
      $2,420,000

    Location Insight

    • Map
    • Local Demand
    City
    Saint Matthews
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.6404
    Latitude
    38.2333
    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
    $34,442
    $1,209,680
    $1,790,460
    $3,000,140
    -
    $1,209,680
    $1,790,460
    $3,000,140

    Comparable in this City

    • Value Estimation by Request
      1.59 Acres

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      4848 Shelbyville Rd

      RESTAURANT • 2,519 SF
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    • Value Estimation by Request
      6,579 SF

      3922 Shelbyville Rd

      RESTAURANT • 6,579 SF
      3922 Shelbyville Rd, Louisville, KY 40207-3121
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    • Value Estimation
      $2,190,000
      4,800 SF

      117 Saint Matthews Ave

      RESTAURANT • 4,800 SF
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      View Details
    • Value Estimation
      $770,000
      2,288 SF

      3791 Frankfort Ave

      RESTAURANT • 2,288 SF
      3791 Frankfort Ave, Louisville, KY 40207
      View Details
    • Value Estimation
      $355,000
      1,904 SF

      4000 Shelbyville Rd

      RESTAURANT • 1,904 SF
      4000 Shelbyville Rd, Louisville, KY 40207-3123
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,579 SF

      3922 Shelbyville Rd

      Restaurants • 6,579 SF
      3922 Shelbyville Rd, Louisville, KY 40207
      View Details
    • $600,000

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      Land with utilities and approved building plans for sale.
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      Land for custom-built home in desirable Louisville location.
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      Remodeled Condo with Free Power

      Completely remodeled condo in St. Matthews with charging countertops.
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      Kentucky Office Space For Sale

      Office space available at Sterling Place Business Park.
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    Similar Nearby for Lease

    • Contact for pricing
      49,456 SF

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      Class A Office, Retail & Restaurant Space
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    • $34 SF/Yr
      3,300 SF

      Retail Space in Richlawn Center

      3,300-SF retail space with high visibility and parking.
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    • Contact for pricing
      1,737 SF

      St. Matthews Retail Space Available

      Retail space in Springs Shopping Center on Breckenridge Lane.
      970-974 Breckenridge Ln, Saint Matthews, KY 40207
      View Details
    • Contact for pricing
      2,750 SF

      Retail Space in McMahan Plaza

      Retail space available in established Louisville shopping center.
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    • $24 SF/Yr
      1,802 SF

      Saint Matthews Medical Office Space

      1,802 SF Medical Office For Lease
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      View Details
    • $10 SF/Yr
      16,174 SF

      Commercial Land For Rent

      Commercial land for rent at Breckenridge Lane intersection.
      3403-3441 Breckenridge Ln, Louisville, KY 40207
      View Details
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    Saint Matthews, KY 40207-4619
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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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