Stabilized Mixed-Use
For Sale
Contact for pricing
1110 Logan St, Louisville, KY 40204
Stabilized mixed-use investment with full occupancy and current income generation supported by lean operating expenses.
Property SizeContact for details
Days on Market54
Property Features for 1110 Logan St
General Information
Standard status
Active
Property subtype
RETAIL
Occupancy
100%
Additional Details
Cap Rate
9.83%
Listing Agency:
EXP Realty LLC
(502) 817-6484
Listed By:
Stephanie L Gilezan · License #199560
(502) 817-6484
Source:
Moodyscre
Added: Jun 19
Changed: Aug 9
Last Checked: Jun 24 at 2:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC
Investment Insights
Based on property information with market context.
1110 Logan St. is a stabilized mixed-use property offered for sale at $850,000. The property is reported to be fully occupied and generating $83,592 in Net Operating Income (NOI) on $90,000 in gross annual income, supported by a lean 7.12% operating expense ratio. Per the seller’s remarks, the current capitalization rate is 9.83%.
The property is located in Shelby Park/Smoketown in Louisville, KY 40204. The remarks describe the surrounding area as having 144+ restaurants and cite steady Jefferson County population growth of 1.2% (2024). A regional population projection is also provided in the remarks.
For buyers looking for a stabilized mixed-use platform, the reported underwriting emphasizes income support and modeled growth mechanisms tied to residential rent escalation of 3% annually. The seller projects the cap rate to reach 10.66% by 2031, and provides an assumed exit value of $1.21M using a 7.5% cap rate. The information below reflects only the metrics and assumptions stated in the public remarks and is presented for underwriting and review.
The property is located in Shelby Park/Smoketown in Louisville, KY 40204. The remarks describe the surrounding area as having 144+ restaurants and cite steady Jefferson County population growth of 1.2% (2024). A regional population projection is also provided in the remarks.
For buyers looking for a stabilized mixed-use platform, the reported underwriting emphasizes income support and modeled growth mechanisms tied to residential rent escalation of 3% annually. The seller projects the cap rate to reach 10.66% by 2031, and provides an assumed exit value of $1.21M using a 7.5% cap rate. The information below reflects only the metrics and assumptions stated in the public remarks and is presented for underwriting and review.
Key Highlights
- Stabilized mixed‑use property with a 9.83% current cap rate (at $850K asking price)
- Full occupancy with $90,000 gross annual income and $83,592 net operating income (NOI)
- Lean operating expense ratio of 7.12%
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,157
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Chase Bank
Shops & Services
5,864 visits/mo
0.3 miles
Demographics for 40204, KY
14,600
Population
8,759
Households
1.7
Avg Household Size
38
Median Age
63%
College-Educated
97%
High-School Grad
3.2 sq mi
ZIP Area
4,563
Density / Sq Mi
$70,706
Median Household Income
$50,246
Median Earnings
$1,225
Median Rent
$314,700
Median Home Value
Market
Vacancy Rate% for Retail in Louisville, KY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Stabilized mixed-use investment with full occupancy and current income generation supported by lean operating expenses.
Where is this retail space located?
The property is located at 1110 Logan St Louisville, KY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Stabilized mixed‑use property with a 9.83% current cap rate (at $850K asking price); Full occupancy with $90,000 gross annual income and $83,592 net operating income (NOI); Lean operating expense ratio of 7.12%
