7118 Southside DrLouisville, KY 40214

Property Details for 7118 Southside Dr

Year built

1999

Lot size

1.65 AC

Property size (Sq ft)

11,100 SF

Zone code

C1-COMMERCIAL

Property type

Retail properties

Property subtype

Retail space

APN

13062F00100000

APU

13062F00100000

Description

This exceptional 10,663-square-foot freestanding retail building in Louisville, Kentucky, presents a unique investment opportunity. Situated on a 1.67-acre lot at the signalized intersection of National Turnpike and Southside Drive, this single-tenant property boasts unparalleled visibility and accessibility. Built in 1999, the one-story building offers ample parking with 65 spaces, a convenient pick-up window, and an exclusive pylon sign for maximum brand exposure. The C1 zoning allows for a variety of retail uses. The property's strategic location provides easy access to major transportation arteries, with National Turnpike boasting 22,000 vehicles per day and Southside Drive adding another 17,000. Its proximity to Louisville Muhammad Ali International Airport, UPS Worldport, Ford, and the Louisville Renaissance Zone ensures high traffic volume and a strong customer base. The property's address is 7118 Southside Dr, Louisville, KY 40214, with Jefferson County APN 062F00100000. This is a rare opportunity to secure a high-traffic, well-located retail space in a thriving Louisville market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,818,796

  6.5%

  $2,601,965

  7%

  $2,416,110

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,407,830

  Geo Method

  $2,407,830

• Alternative Use

  Use

  Valuation

  Residential

  $2,194,855

  Hospitality

  $2,010,475

  Educational

  $1,672,692

  Medical

  $1,730,218

  Retail

  $2,601,965

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.1524

Longitude

-85.7662

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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