701 Valley College Drive
Louisville, KY, 40272 $ 2,500,000
Bedrooms-- Baths-- Sq 14,500 Monthly Estimate*
$ 15,393
for $2,500,000. This 14,500 square foot building was built in 2006 on a lot size of 2.5.
We are pleased to offer 14,500 SF of retail space on 2.49 acres at 701 Valley College Dr, Louisville, KY, along with an adjacent 1.13-acre lot available for purchase or ground-lease. 701 Valley College Dr features a single-story retail building with 64 parking spaces and a drive-thru, leased to Family Dollar until June 2026. Zoned C-1, the new owner can re-lease to diverse group of retail tenants (e.g., fitness centers, banks, big box retailers), occupy it themselves, or redevelop for additional retail or residential uses (e.g., assisted living, multifamily units). The adjacent, street-facing 1.13-acre lot on Stonestreet Road is zoned OR-3, permitting a variety of residential and retail uses, including assisted living, barber shops/salons, medical laboratories, and multifamily dwellings. This is a prime opportunity for Owner-Occupiers, Investors, and Developers. This is a high-density residential and commercial area with retail, schools, homes, and medical facilities in the immediate area. U of L Health Medical Center Southwest, Trilogy Park Terrace Health Campus and Jefferson Community & Technical College Southwest Campus are all nearby.
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FeaturesExteriorParking Features On Site Paved
Lot Size Area 2.5
Number of Buildings 1
Building Area Total 14500.0
Lot Size Acres 2.5
Crops Included Y/N N
Irrigation Water Rights Y/N N
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GeneralConstruction Materials Brick
Year Built 2006
Property Subtype Retail
Parcel Number 230000040000
Business Type Other Retail
County Jefferson
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Commercial
Status Active
Directions 31W South to left on Stonestreet Road property is on the left corner of Stonestreet Road and Valley College Drive.
City Louisville
Zoning Description C-1 & OR-3
MLS Area 052 - Jefferson County
Lot Size Units Acres
Lot Size Square Feet 108900.0
Land Lease Y/N N
MLS Area Minor 052 - Jefferson County
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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InteriorTotal Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Total Baths 0
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* Excluded FeaturesList ByBlock + Lot Real EstateBroker
woods@balrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,393
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Louisville, KY
Average List Price $974,950
Percent of Sale Price 61%
About Louisville, KY 240,969 Population
-5% Since 2002
$ 37,029 Median Income
37.52 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/22/2025 | $2,500,000 | | Listed Price |