8014 3rd Street Rd

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8014 3rd Street Rd

Louisville, KY 40214
Asking Price
$100K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • The parcel is currently listed for sale at $100,000.
  • Located at 8014 3rd Street Road in Louisville, Kentucky.
  • Property classification is designated as commercial land.
  • Strategically situated within the active 40214 area code.
  • Offers potential for diverse commercial development and site utilization.

What's Special

Priced at $100,000, this commercial land parcel occupies a position at 8014 3rd Street Road in Louisville, Kentucky. The site sits within a established corridor of the 40214 zip code, providing accessibility to regional transportation networks throughout the metro area. As Louisville continues to serve as a significant logistics and economic hub for the region, this plot represents a strategic footprint for developers and business owners alike. The asset type allows for a range of commercial development possibilities tailored to the specific needs of the local market. Investors often look toward these submarkets for potential growth and land utilization opportunities, benefiting from proximity to established residential density and arterial roadways. Future site plans could accommodate various commercial service models, retail expansion, or specialized business facilities that require prominent road frontage in this southern sector of the city. The parcel provides a foundation for projects seeking to establish a presence within a stable Kentucky submarket known for its steady commercial activity and regional connectivity.

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NOI
$80,000
Cap Rate
80.00%
DSCR
13.47
Strong
Cash-on-Cash
246.88%
Monthly Payment
$494.745
Annual Cash Flow
$74,063.055

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