Redevelopment Opportunity

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30368516
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Service Station/Gas Station, Tavern/Bar/Nightclub, Vehicle Related
Status: Pending/Contingent
Building Size (RSF): 4,501 SF
Gross Building Area: See Agent
Gross Land Area: 22,500 SF
Sale Price: $400,000
Unit Price: $88.87 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User, Business
Building Name: Former Big O Tires
Usable Size (USF): 4,501 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/13/2021

Overview / Comments

Former Big O Tire location equipped with 3 automotive bays, small retail space, warehouse with bays and office.
Ideal opportunity for automotive redevelopment.
Centrally located in a high traffic, high volume area.
Easy access to both I-65 and the Watterson Expressway.
The Kentucky Fair & Expo Center and Louisville Muhammad Ali International Airport are also nearby.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 079001020000
Zoning: C-1 - Commercial District
Retail Clientele: General, Family, Business
Property Located Between: Goddard Avenue and Rose Drive, across from Circle K
Property Visibility: Excellent
Largest Nearby Street: Preston Highway
Traffic/Vehicle Count: 19,600
Highway Access: I-65 and The Watterson Expressway (I-264)
Airports: Louisville Muhammad Ali International Airport
Site Description: Former Big O Tire store, located across from Circle K. This property includes 3 lots for a total of 0.52 acres.
Area Description: Dense commercial strip on Preston Highway
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,510 SF
Property Condition: Good
Year Built: 2001
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick building with flat concrete roof
Parking Type: Surface
Parking Description: Plenty of parking available. The lot needs restriping
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Other
Interior Description: Needs renovation
Zoning Description: C-1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,200 86,325 296,717
Median Age: 35.34 36.78 36.77
Households: 3,113 36,391 126,605
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