4901 Outer LoopLouisville, KY 40219

Property Details for 4901 Outer Loop

Lot size

13.68 AC

Property type

Retail properties

Property subtype

Retail space

APN

23064301940000

APU

23064301940000

Description

This exceptional retail property, Jefferson Commons, presents a prime leasing opportunity in the thriving Louisville, KY market. Located at 4901 Outer Loop, zip code 40219, within Jefferson County, this power center and strip center boasts a substantial total building area of 205,868 square feet. Currently, there is a single vacant space available, measuring 1,200 square feet, perfect for a variety of retail uses. The property's strategic location within the Louisville submarket ensures high visibility and accessibility for potential tenants. The multiple tenancy structure provides a vibrant and diverse shopping environment, attracting a significant customer base. This is an excellent chance to establish or expand your business in a well-established and high-traffic retail center. The property is situated in a dynamic area of Louisville, offering convenient access to major roadways and a dense residential population. The 1,200 square foot space is ready for immediate occupancy and offers significant potential for growth and profitability. Don't miss this opportunity to secure a prominent location in a successful retail center. Contact us today to schedule a viewing and explore the possibilities. The property is classified as a retail space, specifically a power center and strip center.

• CAP approach

  CAP return

  Valuation

  6%

  $129,182,760

  6.5%

  $119,245,624

  7%

  $110,728,080

• Comparable approach

  Method

  Valuation

  Relative Method

  $129,216,512

  Geo Method

  $129,216,512

• Alternative Use

  Use

  Valuation

  Residential

  $100,588,144

  Hospitality

  $92,138,200

  Educational

  $76,657,904

  Medical

  $79,294,288

  Retail

  $119,245,624

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.1393

Longitude

-85.6668

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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