For Sale - Retail Building and Adjacent Land
701 Valley College Drive, Louisville, KY 40272

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
Attachments
For Sale
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



