12800 DIXIE HWY

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12800 DIXIE HWY

LOUISVILLE, KY 40272
Asking Price
$1.20M
Asset Type
Convenience Store Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail development site listed for sale at $1,200,000.
  • Property features over 400 feet of Dixie Highway frontage.
  • Site is currently cleared and fully prepared for development.
  • Parcel includes established access to all necessary public utilities.
  • C-2 zoning allows for diverse retail and commercial applications.

What's Special

Priced at $1,200,000, this 12800 Dixie Hwy property provides a significant development site in Louisville, Kentucky. The retail asset features over 400 feet of frontage along a primary thoroughfare, offering high visibility for potential convenience store operations or other commercial enterprises. The site is currently cleared and prepared for new construction, allowing for immediate project commencement. As the Louisville market continues to experience steady regional growth, this corridor maintains strong connectivity to both local residential neighborhoods and broader metropolitan infrastructure. All necessary public utilities are already present on the parcel, simplifying the development timeline for investors or business owners. The C-2 zoning classification supports a versatile range of retail and service-oriented applications, making this an efficient acquisition for those seeking a strategically positioned footprint in a well-trafficked submarket. Prospective buyers can leverage the existing utility access and site preparation to streamline the path to occupancy or lease-up.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

Location & Travel Times