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    650 Baxter Ave Louisville, KY 40204

    For Lease
    $20 SF/Yr

    Prime Retail, Flexible Suites, High Visibility

    Lot size:
    11,690 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional retail property at 650 Baxter Ave offers 10,545 square feet of vacant space, divisible into units as small as 1,200 square feet. Located in a thriving commercial area between NULU and the Highlands, this four-story building boasts high visibility with prominent signage opportunities. New ownership is offering aggressive and flexible tenant improvement packages to suit individual business needs. The space is versatile, ideal for a variety of retail concepts. A pedestrian-friendly environment and ample parking (95 spaces, first-come, first-served, no fee) add to the property's appeal. The building is zoned commercial and features a convenient parking deck. This is a unique opportunity to establish a retail presence in a high-traffic, desirable location. The property has a Commercial zoning designation and APN 068C00980000. The building consists of one structure with four stories.

    Property Features for 650 Baxter Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,690 SF

    Building Details

    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Retail Suite A
    Size
    5,691 SF
    Rate per SF
    $20
    Space
    Retail Space B
    Size
    2,200 SF
    Rate per SF
    $20
    Space
    Retail Suite C
    Size
    2,161 SF
    Rate per SF
    $20
    Space
    Retail Space D
    Size
    1,638 SF
    Rate per SF
    $20

    HighLights

    • Retail property at 650 Baxter Ave, featuring 4 available spaces ranging from 1,200 to 10,545 square feet.
    • New ownership offering flexible tenant improvement packages.
    • Prime location in a high‑traffic area between NULU and Highlands, providing high visibility and prominent signage opportunities.
    • Versatile space suitable for various retail concepts.
    • 95 designated parking spaces in a parking deck (first‑come, first‑served, no fee) plus street parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7277815
    Latitude
    38.2444545

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    FAQs

    What type of property is this?
    Retail property - Prime Retail, Flexible Suites, High Visibility
    Where is this retail property located?
    The property is located at 650 Baxter Ave Louisville, KY.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Retail property at 650 Baxter Ave, featuring 4 available spaces ranging from 1,200 to 10,545 square feet.; New ownership offering flexible tenant improvement packages.; Prime location in a high-traffic area between NULU and Highlands, providing high visibility and prominent signage opportunities.
    Request Owner's contact information
    650 Baxter Ave Louisville, KY 40204
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    Louisville, KY 40204
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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
    650 Baxter Ave Louisville, KY 40204
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