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    Louisville Ky Louisville, KY 40245

    For Lease
    Contact for pricing

    Publix-anchored, high-traffic location. Excellent visibility.

    Lot size:
    137,650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity consists of two outparcels totaling 3.16 acres situated at the highly visible intersection of Shelbyville Road (US 60) and Flat Rock Road in Louisville, Kentucky's Jefferson County, zip code 40245. The property benefits from its location within a Publix-anchored shopping center, offering immediate access to a significant customer base. The site enjoys excellent visibility and accessibility from Shelbyville Road, a major commercial artery, and is conveniently located near the I-265 interchange. The outparcels, measuring 1.23 and 1.93 acres respectively, are ideally suited for a variety of commercial uses, catering to the substantial residential population in the surrounding Middletown/Eastwood submarket and neighboring areas, including Simpsonville. The signalized intersection at Shelbyville Road and Flat Rock Road ensures easy ingress and egress, maximizing exposure to the high volume of traffic on Shelbyville Road. This presents a unique chance to establish a thriving business within a dynamic and densely populated area.

    Property Features for 0 Louisville Ky

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    137,650 SF

    Unit(s) available at that property

    Space
    Available Outparcel 1
    Size
    53,579 SF
    Space
    Available Outparcel 2
    Size
    84,071 SF

    HighLights

    • Prime location near Valhalla Golf Club, host of the 2024 PGA Championship.
    • 1.23- and 1.93‑acre outparcels near a Publix‑anchored center.
    • High visibility from Shelbyville Road, a major thoroughfare.
    • Excellent location adjacent to affluent residential areas, schools, and a strong retail market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.444784801417
    Latitude
    38.235756697659

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    FAQs

    What type of property is this?
    Land - Publix-anchored, high-traffic location. Excellent visibility.
    Where is this land located?
    The property is located at Louisville Ky Louisville, KY.
    What are key features of this property?
    This property features: Prime location near Valhalla Golf Club, host of the 2024 PGA Championship.; 1.23- and 1.93-acre outparcels near a Publix-anchored center.; High visibility from Shelbyville Road, a major thoroughfare.
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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
    Louisville Ky Louisville, KY 40245
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