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    1315 Herr Ln Louisville, KY 40222

    Sponsored
    For Lease
    Contact for pricing

    Prime Louisville retail space, fully vacant.

    Lot size:
    29,391 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Westport Village, located at 1315 Herr Ln, Louisville, KY 40222, presents a unique opportunity for retail businesses seeking high-visibility space in a thriving market. This 29,391 square foot strip center offers multiple spaces available, ranging from a minimum of 1,258 square feet to a maximum contiguous space of 24,000 square feet. Currently, the entire center is vacant, providing a blank canvas for a single large tenant or multiple smaller businesses. The property enjoys an ideal location off Westport Road, at its intersection with Herr Lane and Lyndon Lane, offering excellent accessibility and high traffic volume. Its proximity to Interstate 264 (Louisville's Inner Beltline) ensures convenient access for customers and employees. Furthermore, Westport Village benefits from its strategic position just 1.2 miles northeast of the St. Matthews retail market, Kentucky's largest, placing it within a densely populated and commercially active area. This presents a rare chance to establish a significant retail presence in a highly desirable location within Jefferson County. The property's size and flexibility make it suitable for a wide range of retail concepts. Interested parties are encouraged to inquire for further details and leasing options.

    Property Features for 1315 Herr Ln

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,391 SF

    Unit(s) available at that property

    Space
    Space 10
    Size
    2,200 SF
    Space
    Suite 42
    Size
    24,000 SF
    Space
    Available Space 14
    Size
    1,258 SF
    Space
    Available Space 21
    Size
    1,933 SF

    HighLights

    • I‑264 access.
    • Strong tenant mix including national and local favorites.
    • High traffic count of 40,900 ADT on Westport Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Westport Village Shopping Mall Fulton, Devlin & Powers, ... Attorney BoomBozz Pizza & Watchbar Pizza Restaurant Pediatric Solutions Pediatrician Louisville Erectile Dysfunction ... Medical Group

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.6125104
    Latitude
    38.2676501

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Louisville retail space, fully vacant.
    Where is this neighborhood center located?
    The property is located at 1315 Herr Ln Louisville, KY.
    What are key features of this property?
    This property features: I-264 access.; Strong tenant mix including national and local favorites.; High traffic count of 40,900 ADT on Westport Road.
    Request Owner's contact information
    1315 Herr Ln Louisville, KY 40222
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    Louisville, KY 40222
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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
    1315 Herr Ln Louisville, KY 40222
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