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701 Valley College Dr
Louisville, KY 40272
701 Valley College Dr & Stonestreet Rd · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Properties can be sold independently or bundled together for purchase or ground lease
  • Located across the street from the UL Medical Center Southwest and the Southwest Campus for JCTC
  • 1 mile from the Stonestreet Rd (ADT 11,960) & Dixie Hwy (ADT 29,531) intersection
  • Trade areas include Meijer, Walmart, & Value City Furniture, as well as numerous restaurants and retail amenities in or near the Park Place Mall

EXECUTIVE SUMMARY

Block + Lot is 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. 3 miles away from the Louisville River Industrial Park.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,500 SF
Building Class
C
Year Built
2006
Price
$3,442,225 CAD
Price Per SF
$237.39 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.50 AC
Zoning
C-1 - Commerical

AMENITIES

  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
230000040000
Land Assessment
$1,225,729 CAD
Improvements Assessment
$1,047,479 CAD
Total Assessment
$2,273,208 CAD
  • Listing ID: 36851790

  • Date on Market: 2025-07-21

  • Last Updated:

  • Address: 701 Valley College Dr, Louisville, KY 40272

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