1447 Levering St Louisville, KY 40208
For Lease
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This exceptional new development, breaking ground in Q1 2025, offers 22,000 square feet of flexible commercial space in Old Louisville's vibrant M-2 zoned area. The property, totaling 1.6 acres, is ideally suited for a variety of uses, including retail, office, industrial, R&D, and manufacturing. The building features a single story with 18-foot ceilings, providing ample space and flexibility for customization. Divisible into units as small as 5,000 square feet, with a maximum contiguous space of 22,000 square feet, this property caters to diverse tenant needs. Each unit will include at least one drive-in bay and an entry door, accommodating various operational requirements. Mezzanine floors are available as a build-out option. The property boasts nine drive-in doors and 26 total parking spaces, ensuring convenient access and ample parking for employees and clients. Its strategic location offers unparalleled access to major transportation arteries, including I-65 (both North and South), I-264, and is within minutes of the University of Louisville, Downtown Louisville, the Louisville Medical District, Churchill Downs, the Kentucky International Convention Center, and the Kentucky Exposition Center. The proximity to these key areas provides exceptional visibility and accessibility for businesses. This is a rare opportunity to secure space in a brand-new, highly adaptable building in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M2-INDUSTRIAL · Louisville, KYCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.