Catylist ID:
#30368516
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 |
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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