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    7118 Southside Dr Louisville, KY 40214

    Sponsored
    For Lease
    Contact for pricing

    11,100 SF Free-Standing Building, High Visibility

    Lot size:
    11,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11,100-square-foot free-standing retail building presents a unique investment opportunity in a high-traffic location. Situated on a 1.67-acre lot at the signalized intersection of Southside Drive (21,000 ADT) and National Turnpike (18,000 ADT), this property boasts unparalleled visibility and accessibility. The building, formerly a Rite Aid, features a convenient drive-thru and a large pylon sign ensuring maximum brand exposure. Its strategic location within a densely populated residential area, with over 11,000 residents within a one-mile radius, guarantees a substantial customer base. The property includes ample parking with 55+ spaces and a single loading door. Conveniently located just 2.7 miles from the Watterson Expressway and 7.3 miles from Downtown Louisville, this property offers easy access to major transportation arteries and the city center. The C1 zoning allows for a variety of retail uses. The entire 11,100 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. This is an exceptional opportunity to establish a thriving business in a prime Louisville location.

    Property Features for 7118 Southside Dr

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,100 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 7118
    Size
    11,100 SF

    HighLights

    • 11,100 SF free‑standing retail building on 1.67 acres.
    • Located at a signalized intersection with high traffic counts (21K & 18K ADT).
    • Situated in a densely populated residential area (11,000+ within one mile).
    • Former Rite Aid with drive‑thru and prominent pylon signage.
    • 55+ parking spaces.
    • C1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    higi Health Consultant Kikelomo Olayemi Pharmacy

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7663842
    Latitude
    38.1522928

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    FAQs

    What type of property is this?
    Individual retail property - 11,100 SF Free-Standing Building, High Visibility
    Where is this individual retail property located?
    The property is located at 7118 Southside Dr Louisville, KY.
    What are key features of this property?
    This property features: 11,100 SF free-standing retail building on 1.67 acres.; Located at a signalized intersection with high traffic counts (21K & 18K ADT).; Situated in a densely populated residential area (11,000+ within one mile).
    Request Owner's contact information
    7118 Southside Dr Louisville, KY 40214
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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
    7118 Southside Dr Louisville, KY 40214
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