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Property profile & analytics
OFF-MARKET
Neighborhood centers

5530 New Cut Rd Louisville, KY 40214

5,700 SF Built 1964
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Neighborhood centers
Year built 1964
Total area 5,700 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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