701 Valley College Drive Louisville, KY $ 2,350,000
701 Valley College Drive
$ 2,350,000
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701 Valley College Drive

Louisville, KY, 40272
$ 2,350,000
Bedrooms-- Baths-- Sq 14,564

Monthly Estimate*

$ 14,838

701 Valley College Drive, Louisville, KY 40272 - Image 1
701 Valley College Drive, Louisville, KY 40272 - Image 2
701 Valley College Drive, Louisville, KY 40272 - Image 3
701 Valley College Drive, Louisville, KY 40272 - Image 4
701 Valley College Drive, Louisville, KY 40272 - Image 5

Commercial Property for sale in Louisville, KY

for $2,350,000. This 14,564 square foot building was built in 2006 on a lot size of 3.45.

We are pleased to offer the opportunity to acquire a newly stabilized Family Dollar investment at 701 Valley College Drive in Louisville, Kentucky, together with approximately 1 acre of adjacent development land along Stonestreet Road. The ±14,564 SF retail building is leased to Family Dollar under a newly executed long-term lease, providing investors with durable, contractual cash flow and long-term tenancy. Full lease details, rent roll and financial information are available to qualified prospective purchasers. In addition to the stabilized Family Dollar asset, the offering includes approximately 1 acre of adjacent land zoned OR-3, fronting Stonestreet, creating an opportunity for future development and additional value creation. The property is positioned approximately one mile from the intersection of Stonestreet Road and Dixie Highway, with strong surrounding residential density and proximity to U of L Health Medical Center Southwest and Jefferson Community & Technical College Southwest Campus. This offering provides investors with the combination of a newly executed long-term retail lease and future development potential on the adjacent land. Property Highlights: -Newly executed long-term Family Dollar lease -1 mile from the Stonestreet Road (ADT: 11,960) & Dixie Hwy (ADT: 29,531) intersection -Located across the street from U of L Medical Center Southwest and the Southwest Campus for Jefferson Community & Technical College -Trade areas include Meijer & Walmart, as well as numerous restaurants and retail amenities in or near the Park Place Mall

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Commercial Active

Price

$ 2,350,000

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

3.45

Year Built

2006

Town/City

Louisville

County/Region

Jefferson

MLS | Web ID

26026942

Features
General
Possession Close Of Escrow
Zoning C-1
Construction 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
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 150282.0
Land Lease Y/N N
MLS Area Minor 052 - Jefferson County
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Parking Features On Site Paved
Lot Size Area 3.45
Number of Buildings 1
Building Area Total 14564.0
Lot Size Acres 3.45
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Total Baths 0
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Internal Only
Street Number 1 701
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* Excluded Features
List By
Block + Lot Homes

Broker

woods@balrealestate.com

Email

Affordability Calculator

$14,838
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,838
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/29/2026$2,350,000 Listed Price

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701 Valley College Drive, Louisville, KY, 40272 is a Commercial Property for sale at $2,350,000 with 14,564 sqft and a lot size of 3.45. 701 Valley College Drive was built in 2006. The property's zip code is 40272 which is in Louisville, KY