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Improved Commercial Land for Sale in Louisville, Kentucky

701 Valley College Dr, Louisville, KY 40272

$2,350,000
3.45 acres
Active sale
ago
Est $14,305/mo

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

14,564
Sq feet
2006
Built

Location

Street address
701 Valley College Dr
Zip code
40272
Elevation
504 feet
Coordinates
38.1183, -85.8434

Directions

31W South to left on Stonestreet Road, property is on the left corner of Stonestreet Road and Valley College Drive.

Property details

Acreage
3.45 acres
Zoning
C-1
MLS #
LBAR 26026942
Posted

Parcels

  • 230000040000

Details and features

Listing

Type
Commercial Sale
Subtype
Retail
Zoning
C-1 & Or-3

Structure

Stories
1
Materials
Brick

Listing history

DateEventPriceChangeSource
Oct 1, 2026Relisted$2,350,000—LBAR
Oct 1, 2026Listing removed$2,350,000—Listing agent
Sept 29, 2026New listing$2,350,000—LBAR
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This 3.45-acre property is located at 701 Valley College Dr in Louisville, KY 40272. The property is available for sale, priced at $2,350,000. It has a 14,564 square foot structure built in 2006.

Listed by Block + Lot Homes, (859) 309-0099

Checked 2 hours agoUpdated

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