5530 New Cut Rd Louisville, KY 40214
This exceptional 5,700 square foot retail space is located within the thriving Auburndale Village Shopping Center in Louisville, Kentucky. Built in 1964, the property boasts ample parking and is situated at the high-traffic intersection of New Cut and Third Street Roads, ensuring excellent visibility and accessibility. The entire 5,700 square feet is currently vacant, presenting a unique opportunity for a single tenant to establish a prominent presence in a well-established shopping center. The C-2 zoning allows for a variety of retail uses. The center itself comprises 165,000 square feet of retail space and is anchored by a strong mix of national and regional tenants including Kroger, Dollar Tree, PNC Bank, Rally's, Big Lots, Little Caesars, Chase Bank, and Benchmark Physical Therapy. This location benefits from a strong demographic profile, with a one-mile radius encompassing a population of 12,500, an average household income of $60,000, and a daily traffic count of 25,000 vehicles. The property's address is 5530 New Cut Rd, Louisville, KY 40214. This is an ideal opportunity for a business seeking high visibility and a strong customer base in a well-established and successful retail environment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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