7525 Outer LoopLouisville, KY 40228

  • Retail space
  • 120,501 SF

Property Details for 7525 Outer Loop

Year built
1970
Lot size
13.78 AC
Property size (Sq ft)
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.

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.1387
Longitude
-85.6201
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

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