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Property profile & analytics
FOR LEASE
Retail space

7525 Outer Loop Louisville, KY 40228

120,501 SF 13.78 ac lot Built 1970
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US34-0360452
Property summary
AI-generated overview

This exceptional 1-acre commercial land parcel presents a prime investment opportunity at the thriving Outer Loop Plaza shopping center in Louisville, KY. Situated at the highly visible corner of Outer Loop and Fegenbush Lane, this outparcel benefits from an impressive 31,777 average daily traffic count at the intersection. The property is conveniently located approximately one mile from I-265, ensuring excellent accessibility. Outer Loop Plaza itself boasts over 124,000 square feet of retail space, anchored by a well-established Value Market grocery store with over 45 years in business. A strong tenant mix includes JD Becker, Little Caesars, Subway, New View Bar & Grill, and a Barber & Styling shop. The area demonstrates significant demographic strength, with over 67,000 residents within a 3-mile radius and nearly 185,000 residents within a 5-mile radius, boasting a median household income of $72,256. Further enhancing the property's appeal is the adjacency to a brand new, 212-unit Frontgate Apartment development, providing a substantial and growing residential base. Recent improvements to the shopping center include upgraded LED parking lot lighting and a new signalized light on Outer Loop, ensuring optimal visibility and convenience. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a rapidly developing area. The property is zoned for commercial use and is ready for immediate development. The address is 7525 Outer Loop, Louisville, KY 40228.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Total area 120,501 SF
Lot 13.78 ac (600,257 SF)
Zoning code C1-COMMERCIAL
APN 23064602780000
UPID US34-0360452
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
  • Highview Ice Cream and Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.10M
Blend (final) Blend
$9.02M
Owner & transaction history
Tbp Outer Loop LLC · 10 yrs held
Tbp Outer Loop LLC
since 2015
4 recorded transactions
2024
Price N/A
2015
$5.7M
2007
Price N/A
2004
Price N/A
Zoning & alternative use
C1-COMMERCIAL · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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