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For Sale - Retail Building and Adjacent Land

701 Valley College Drive, Louisville, KY 40272

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Overview

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-N, 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 Highlights:

-Properties can be sold independently or bundled together for purchase or ground lease

-1 mile from the Stonestreet Rd (ADT 11,960) & Dixie Hwy (ADT 29,531) intersection

-Located across the street from the UL Medical Center Southwest and the Southwest Campus for JCTC

-Trade areas include Meijer, Walmart, & Value City Furniture, as well as numerous restaurants and retail amenities in or near the Park Place Mall

For Sale

Retail

Secondary Uses: Free Standing

Sale Price
$2,500,000
Price Per SF
$172.4/SF
Building Size
14,500 SF
Acres
3.63 ac
Zoning
C-1 & OR-3
Number of Buildings
1
Floors
1
Year Built
2006
Nearest MSA
Louisville/Jefferson County
Property Status
Existing
County
Jefferson
Created
07/21/2025
Updated
07/28/2025
Listing ID
439b7b79
Parcel APN
230000040000