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    7100 Raggard Rd Louisville, KY 40216

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    Vacant Walmart, 220,844 SF, High Traffic

    Property size:
    220,844 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property presents a unique investment opportunity in Louisville, Kentucky. Located at 7100 Raggard Road, this expansive 220,844 square foot building sits on a substantial 29.19-acre lot. Built in 2007, the single-story structure boasts a C-2 zoning designation, offering flexibility for a variety of commercial uses. The property is currently vacant, providing a blank canvas for a new tenant or redevelopment project. Its strategic location just west of the Pleasure Ridge Park and St. Dennis neighborhoods ensures high visibility and accessibility. The surrounding area boasts a significant daytime population, with over 43,600 people residing within a three-mile radius, guaranteeing a substantial customer base. Louisville's strong economic climate, recently recognized as #1 by Site Selection magazine for economic development in the Ohio River Corridor, further enhances the property's investment potential. This is a rare chance to acquire a large-scale retail space in a thriving Kentucky market. The property's size and location make it ideal for a variety of retail uses, offering significant upside for the right investor or business. The single-tenant history provides a strong foundation for future success. This property is ready for immediate occupancy.

    Property Features for 7100 Raggard Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    220,844 SF
    Lot Size
    1,271,516 SF

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    1

    HighLights

    • Retail property, 220,844 SF grocery store, single‑tenant Walmart, vacant.
    • Located in Louisville, KY, Jefferson County, zip code 40216, at 7100 Raggard Rd.
    • 29.19‑acre lot, one‑story building, built in 2007, C‑2 zoning.
    • High daytime population (43,600+) within a 3‑mile radius.
    • Situated near Pleasure Ridge Park and St. Dennis neighborhoods.
    Property Profile Location Intelligence

    Current Use by Public Records

    Woodforest Bank Bank Walmart Connection Center Cell Phone Store Walmart Money Center Check Cashing Service MoneyGram Money Transfer Service Walmart Tech Services Electronics Repair Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.87147783
    Latitude
    38.17264798

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    FAQs

    What type of property is this?
    Individual retail property - Vacant Walmart, 220,844 SF, High Traffic
    Where is this individual retail property located?
    The property is located at 7100 Raggard Rd Louisville, KY.
    What are key features of this property?
    This property features: Retail property, 220,844 SF grocery store, single-tenant Walmart, vacant.; Located in Louisville, KY, Jefferson County, zip code 40216, at 7100 Raggard Rd.; 29.19-acre lot, one-story building, built in 2007, C-2 zoning.
    Request Owner's contact information
    7100 Raggard Rd Louisville, KY 40216
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    Louisville, KY 40216
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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
    7100 Raggard Rd Louisville, KY 40216
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