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Property profile & analytics
OFF-MARKET Estimated value $565,000
Retail space

7401 Fegenbush Ln Louisville, KY 40228-1500

6,371 SF 1.13 ac lot Built 1920
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US34-0208682
Property summary
AI-generated overview

This exceptional retail opportunity presents three available suites within the vibrant Highview Shopping Center, located at 7401 Fegenbush Ln, Louisville, KY 40228. The property is zoned PDD (Planned Development District) and boasts a total of 3,100 square feet, with each suite offering flexible space ranging from a minimum of 900 square feet to a maximum contiguous area of 1,300 square feet. All 3,100 square feet are currently vacant and ready for immediate occupancy. This prime location in Jefferson County offers excellent visibility and ample parking for customers and employees. The property's strategic placement within the bustling Highview Shopping Center ensures high foot traffic and exposure to a diverse customer base. The shopping center is home to a variety of popular local businesses, creating a synergistic environment for new tenants. Furthermore, the parking lot is scheduled for resurfacing, enhancing the overall aesthetic appeal and functionality of the property. The property's APN is 064500480000. This is an ideal location for retail or restaurant businesses seeking a high-traffic, well-maintained space in a thriving Louisville neighborhood. The flexible suite sizes cater to a variety of business needs, making this an attractive opportunity for both established businesses and new ventures.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 6,371 SF
Lot 1.13 ac (49,136 SF)
Zoning code C1-COMMERCIAL
APN 23064500480000
UPID US34-0208682
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
  • Durbin's Taxidermy Taxidermist
  • Morgan's Suspension Service Auto Repair Shop Motorcycle Shop
  • Its A Hair Thing Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$592k
Blend (final) Blend
$565k
Owner & transaction history
Highview Pointe LP · 5 yrs held
Highview Pointe LP
since 2021
4 recorded transactions
2021
Price N/A
2019
Price N/A
2018
Price N/A
1969
Price N/A
Zoning & alternative use
C1-COMMERCIAL · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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