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    5524-5536 New Cut Rd Louisville, KY 40214

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    For Lease
    $12 SF/Yr

    Retail space available in high-traffic Louisville shopping center.

    Property size:
    27,347 SF
    Lot size:
    10.08 Acres

    Property Features for 5524-5536 New Cut Rd

    General Information

    Size
    27,347 SF
    Lot size
    10.08 Acres

    Source: Duncan Commercial RE, LLC Agent William G Duncan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Popular Center

    Located at the intersection of New Cut and Third Street Roads, this retail space is part of a popular center with a total of 165,000 square feet of retail space. The available space measures 27,347 square feet and includes an additional 1,590 square foot mezzanine. It will be available as of 2-28-2025. The surrounding area within a one-mile radius has a population of 12,500, an average income of $60,000, and a traffic count of 25,000. Current tenants in the center include Kroger, Dollar Tree, PNC Bank, Rally's, Little Caesars, Chase Bank, Wingstop, and Benchmark Physical Therapy, along with other neighborhood services.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Auburndale Village Shopping Center, Tienda cubana, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7758915
    Latitude
    38.1434398

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in high-traffic Louisville shopping center.
    Where is this shopping center located?
    The property is located at 5524-5536 New Cut Rd Louisville, KY.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - High traffic count (25,000) at the intersection of New Cut and Third Street Roads.; - Located in a popular center with 165,000 SF of retail space.; - Strong tenant mix including Kroger, Dollar Tree, PNC Bank, and Chase Bank.
    (502) 905-3107
    Request Owner's contact information
    5524-5536 New Cut Rd Louisville, KY 40214
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    Louisville, KY 40214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5524-5536 New Cut Rd Louisville, KY 40214
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