5201 Dixie Hwy, Louisville, KY 40216
Commercial property for sale
5201 Dixie Hwy, Louisville, KY 40216
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- Description
- .59 acres of Land at signalized intersection of Dixie Highway and Meyers Lane. 1.5 miles to I-264. Land is developable with income to sustain it during the holding period. Mixed use office, single family residential and apartment complex sold as one property. Property includes 5201 Dixie Hwy, 1736 Meyers Ln & 1740 Meyers Ln. Curb cuts on both Dixie and Meyers Lane. 5201 Dixie Highway is a medical office with apartments above (approximately 1,669 sf). 1736 Meyers Lane is a single family home with approximately 1,015 sf. 1740 Meyers Lane is an apartment building with approximately 1,919 sf including 13 rentals. Cap rate 10.64% based on 2012 expenses. 100% leased. Traffic counts from 42,000 - 55,000 per day. Rent roll to be provided upon request. CONFIDENTIAL LISTING: PLEASE CONTACT AGENTS WITH QUESTIONS.
- Property Details
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Property Type: Land Use Types: Multi-Family, Office, Retail Status: Available Price: $ 495,000 Lot Size: 0.590 Acres Submarket: Other MSA: Louisville-Jefferson County Zoning: C-1 & very small sliver of R-5 Terms: Cash to Seller Added: 12/14/2012 Last Update: 01/02/2013 - Contact info
- 502-379-6000 [Office]
- Note
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