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    7525 Outer Loop Louisville, KY 40228

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    7525 Outer Loop Louisville, KY 40228


    • Retail space
    • 120,501 SF
    • 13.78 lot acres
    Outer Loop Plaza Retail Space For Lease
    $9,015,000

    Outer Loop Plaza Retail Space

    Retail space available in grocery-anchored shopping center near I-265.

    7525 Outer Loop, Louisville, KY 40228
    View Listing
    Property ID
    US34-0360452
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Highview Ice Cream and Coffee / Cafe & Coffee Shop

    Property Details for 7525 Outer Loop

    Year built
    1970
    Lot size
    13.78 lot acres
    Property size
    120,501 SF
    Zone code
    C1-COMMERCIAL
    Property type
    Retail space
    APN
    23064602780000
    APU
    23064602780000

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,097,000
      Market price range: $7.66M - $25.9M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $14,035,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.6201
    Latitude
    38.1387
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $83,693
    $3,008,480
    $4,096,190
    $7,104,670
    -
    $3,008,480
    $4,096,190
    $7,104,670
    View Listing
    More about this property
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