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Retail Redevelopment Opportunity
For Lease
$12 SF/Yr

524 Baxter Ave, Louisville, KY 40204

Retail space along Baxter Ave with M2 zoning and access to Louisville’s Highlands area.

Space SizeContact for details
Days on Market1461

Property Features for 524 Baxter Ave

General Information

Standard status Active
Property subtype Retail
Zoning M2
Lease Type NNN

Additional Details

Space Use Retail

Amenities

Water
Sewer

Spaces For Lease

at 524 Baxter Ave Contact us

Available Space $12/Mo

Contact us
Listing Agency: Horizon Commercial Realty, LLC
Listed By: Michael DeHart · License #206388
Source: Kcrea.resimplifi
Added: Sep 1, 2022 Changed: Aug 29 Last Checked: Aug 30 at 1:44PM

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 Horizon Commercial Realty, LLC

Investment Insights

Based on property information with market context.

This 10,484-square-foot retail property is positioned for redevelopment and offers a substantial commercial footprint along Baxter Ave. The site carries M2 zoning and is identified for retail use, providing a clear basis for evaluating future leasing plans.

The property is in Louisville’s Highlands area, with direct placement on Baxter Ave. Lynn Family Stadium is 5 minutes away, Louisville Slugger Field is 7 minutes away, downtown Louisville is 8 minutes away, and Muhammad Ali International Airport is 11 minutes away.

Key Highlights

  • 10,484‑square‑foot retail property
  • M2 zoning
  • Directly located on Baxter Ave

Property Analytics

Current Use

Alliance Machine Tool ... Industrial Manufacturer

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Butcher Tanning Salon Clothing & Fashion Store Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,897
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 52% Shops & Services 21% Dining 18% Electronics 10%
Goodwill Apparel
6,293 visits/mo 0.5 miles
Pantry Shops & Services
2,570 visits/mo 0.5 miles
Insomnia Cookies Dining
2,164 visits/mo 0.4 miles
T-Mobile Electronics
1,169 visits/mo 0.4 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

Lease Benchmarks for Louisville, KY

$18.71 /SF/Yr
Avg Asking Price
$8.5–$27.5 /SF/Yr
Price Range
8,208 SF
Avg Space Size

This space is priced 36% below the average of $18.71 /SF/Yr.

Vacancy Rate% for Retail in Louisville, KY

5.4% 2019
5.4% 2020
4.7% 2021
4.8% 2022
5.1% 2023
4.2% 2024
4.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space along Baxter Ave with M2 zoning and access to Louisville’s Highlands area.
Where is this retail space located?
The property is located at 524 Baxter Ave Louisville, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 10,484‑square‑foot retail property; M2 zoning; Directly located on Baxter Ave
More about this property
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