Technical
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Property profile

3943 Taylorsville Rd Louisville, KY 40220

OFF-MARKET
Neighborhood centers
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Property summary

AI-generated overview

McMahan Center, located at 3943 Taylorsville Road in Louisville, Kentucky's Hikes Point submarket, presents a unique investment opportunity. This established retail strip center boasts a prime location, offering exceptional visibility along Taylorsville Road. As the first retail strip center constructed in Louisville, it holds significant historical value and has remained under the same family ownership since its inception. The property comprises two buildings and features multiple tenancies, catering to the needs of a thriving neighborhood community. Its strategic position at a signalized intersection ensures high traffic flow and accessibility, further enhanced by ample on-site parking. The center benefits from prominent pylon signage, maximizing its visibility and attracting potential customers. Situated in Jefferson County, Kentucky, with a zip code of 40220, McMahan Center offers a stable investment in a well-established and densely populated area. This property is ideal for investors seeking a proven retail location with strong historical roots and excellent visibility in a desirable Louisville neighborhood. The property's long-standing presence in the community speaks to its enduring appeal and potential for continued success. Its convenient location and ample parking make it a desirable destination for both tenants and customers.

Property profile

Verified
Property type Neighborhood centers

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store
  • Bank Credit Union

Location

3943 Taylorsville Rd Louisville, KY 40220
Louisville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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