5716 Barrett Ln

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5716 Barrett Ln

Louisville, KY 40272
Asking Price
$395K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel spanning 0.89 acres available for sale.
  • Strategic location adjacent to Walmart and McDonalds in Louisville.
  • Property situated near established restaurants and retail service providers.
  • Development site located within a busy commercial submarket area.
  • Offered at an asking price of 394,999 dollars.

What's Special

This 0.89-acre commercial land parcel at 5716 Barrett Ln in Louisville offers a strategic development site positioned for retail or service-oriented business expansion. Located in a high-traffic corridor, the property sits directly adjacent to a Walmart, a gas station, and a McDonalds. The surrounding vicinity features an established network of restaurants and retail establishments, providing a dense commercial environment that supports consistent consumer activity. Louisville remains a key economic hub in Kentucky with diverse industry sectors, and this site benefits from the established infrastructure of the local submarket. Investors and developers can leverage the current proximity to major national brands to anchor new operations or expand existing commercial footprints in this accessible area of the city.

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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.24
Annual Cash Flow
$56,549.126

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