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Property profile & analytics
OFF-MARKET Estimated value $1,560,000
Retail space

7118 Southside Dr Louisville, KY 40214-3660

11,100 SF 1.65 ac lot Built 1999
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US34-1522568
Property summary
AI-generated overview

This exceptional 10,663-square-foot freestanding retail building in Louisville, Kentucky, presents a unique investment opportunity. Situated on a 1.67-acre lot at the signalized intersection of National Turnpike and Southside Drive, this single-tenant property boasts unparalleled visibility and accessibility. Built in 1999, the one-story building offers ample parking with 65 spaces, a convenient pick-up window, and an exclusive pylon sign for maximum brand exposure. The C1 zoning allows for a variety of retail uses. The property's strategic location provides easy access to major transportation arteries, with National Turnpike boasting 22,000 vehicles per day and Southside Drive adding another 17,000. Its proximity to Louisville Muhammad Ali International Airport, UPS Worldport, Ford, and the Louisville Renaissance Zone ensures high traffic volume and a strong customer base. The property's address is 7118 Southside Dr, Louisville, KY 40214, with Jefferson County APN 062F00100000. This is a rare opportunity to secure a high-traffic, well-located retail space in a thriving Louisville market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1999
Total area 11,100 SF
Lot 1.65 ac (71,874 SF)
Zoning code C1-COMMERCIAL
APN 13062F00100000
UPID US34-1522568
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
  • higi Physician
  • Kikelomo Olayemi Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.98M
Comparable Approach Comparable
$1.51M
Blend (final) Blend
$1.56M
Owner & transaction history
Birchwood Louisville Holdings · 12 yrs held
Birchwood Louisville Holdings
since 2014
5 recorded transactions
2019
Price N/A
2014
$3.2M
2005
$3.2M
2005
$2.6M
1969
Price N/A
Zoning & alternative use
C1-COMMERCIAL · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.4M +180.1%
Auto repair, garage $2.1M +143.3%
Office building $1.3M +48.0%
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