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Property profile & analytics
OFF-MARKET
Neighborhood centers

4210 Bishop Ln Louisville, KY 40218

12,879 SF 1.25 ac lot Built 1970
Property ID
Property summary
AI-generated overview

Watterson Plaza offers exceptional lease opportunities in a highly desirable Jefferson County, Kentucky location. This two-building, Class B strip center totals 12,879 square feet situated on 1.25 acres at the intersection of Bishop Lane, Newburg Road, and I-264, providing convenient access to major interstates. The property boasts 4,700 square feet of vacant space, divisible into units ranging from 1,700 to 3,000 contiguous square feet. Seven suites are available in total, with a 14-4 foot ceiling height. Built in 1970, the single-story buildings feature prominent pylon signage for tenant visibility. The property is zoned C-1 and benefits from high traffic volume (approximately 49,600 AADT). Current tenants include diverse businesses such as restaurants and a chiropractic center, creating a vibrant and established commercial environment. Available spaces include an inline unit (approximately 1,700 sq ft) with a large showroom, private office, restroom, and storage, and an end-cap unit (approximately 3,000 sq ft) featuring a large reception area, multiple offices, conference room, and ample storage. This prime location offers excellent visibility and accessibility, making it an ideal opportunity for a variety of businesses.

Property profile
Verified
Property type Neighborhood centers
Year built 1970
Total area 12,879 SF
Lot 1.25 ac (54,363 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
Current use
Occupant on record · Public records
  • Oriental garden Grocery & Convenience Store Food Market
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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