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111 Central Ave
Louisville, KY 40209
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 2.3 acres <ul><li><span style="color: rgba(3, 7, 18, 1)">±2.03-acre development opportunity for sale</span></li><li><span style="color: rgba(3, 7, 18, 1)">Flexible development site suitable for retail, QSR, student housing, hotel, or industrial uses</span></li><li><span style="color: rgba(3, 7, 18, 1)">Zoned EZ-1 (Enterprise Zone) allowing a wide range of commercial uses</span></li><li><span style="color: rgba(3, 7, 18, 1)">Frontage on Central Avenue with approximately 14,500+ VPD</span></li><li><spa
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
