Redevelopment Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30368516
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Service Station/Gas Station, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 4,501 SF
Gross Building Area: See Agent
Gross Land Area: 22,500 SF
Sale Price: $525,000
Unit Price: $116.64 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: former Big O Tires location
Usable Size (USF): 4,501 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/6/2019

Overview / Comments

Former Big O Tire location equipped with 3 automotive bays, small retail space, warehouse 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 SDF 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: The Godfather & The Humane Society
Property Visibility: Excellent
Largest Nearby Street: Preston Highway
Traffic/Vehicle Count: 19,600
Highway Access: I-65 and The Watterson Expressway
Airports: Standiford International
Site Description: Former Big O Tire automotive location
Area Description: Dense commercial strip near Audubon Park
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,510 SF
Property Condition: Good
Roof Type: Flat
Construction/Siding: Brick
Parking Description: Excess amount of parking available. The lot does need restriping
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Other
Interior Description: Needs rehabilitation
Zoning Description: C-1

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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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