7525 Outer Loop Louisville, KY 40228
For Lease
1 / 11
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.
-
Highview Ice Cream and Coffee Cafe & Coffee Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1-COMMERCIAL · Louisville, KYLouisville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.