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Property profile & analytics
FOR LEASE
Retail space

3530 Bardstown Rd Louisville, KY 40218

80,013 SF 10.9 ac lot Built 2008
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US34-0189927
Property summary
AI-generated overview

This exceptional 50,000 square foot retail property, built in 2013, is currently fully vacant and offers a unique opportunity for a single tenant or multiple tenants. The property sits on a 0.97-acre lot and is zoned C-1 - Commercial District (APN: 361700110000, Jefferson County). The flexible space allows for divisibility down to 3,000 square feet, with a maximum contiguous space of 50,000 square feet. Its prime location at a signalized intersection boasts over 47,000 vehicles per day (VPD), ensuring high visibility and accessibility. Benefit from its strategic placement next to Burlington Coat Factory, and in close proximity to major retailers including Walmart, Lowe's, Costco, and Target. This location is within a densely populated area, serving a trade area of nearly 100,000 people within a 3-mile radius. Convenient access to I-264 further enhances its appeal. A large pylon sign on Bardstown Road is available for prominent branding. This property presents a rare chance to establish a strong retail presence in a thriving commercial district. The property's recent history includes a 10-year lease extension and store remodel for an existing tenant (Burlington Coat Factory).

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Total area 80,013 SF
Lot 10.9 ac (474,848 SF)
Zoning code C2-COMMERCIAL
APN 23361700110000
UPID US34-0189927
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.71M
Blend (final) Blend
$7.51M
Owner & transaction history
Tecah LLC · 12 yrs held
Tecah LLC
since 2013
5 recorded transactions
2019
Price N/A
2017
Price N/A
2013
$7.2M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C2-COMMERCIAL · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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