7001-7059 Raggard Rd | Louisville, KY 40216
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- LoopNet Team
7001-7059 Raggard Rd
Louisville, KY 40216
Auction | Greenbelt Market | 2008 Year Built · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STARTING BID $250,000 | 22K VPD | 2008 Year Built | AUCTION MAY 2-4, 2022
- Rare Value-Add Opportunity Delivered at 45% Occupancy with Immediate Upside Through Lease Up of Remaining Vacancies
- Signalized ingress/egress; Direct Frontage and Visibility on Greenbelt Hwy with ±22,671 Vehicles Passing the Site Per Day
- ±44,800 Square Foot, Walmart Shadow Anchored Retail Center Located in Louisville, Kentucky
- Long-Term, 14-Year Tenure from Cato Complemented by a Diverse Group of Service-Oriented Retailers
- Positioned Near Industrial Demand Drivers in nearby Riverport and Established Residential Communities
PROPERTY FACTS
Property Type
Retail
Building Size
44,800 SF
Building Class
B
Year Built
2008
Percent Leased
45%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
6.23 AC
Zoning
420 - Commercial Retail
Parking
175 Spaces (3.59 Spaces per 1,000 SF Leased)
Frontage
286’ on Cane Run Rd
AMENITIES
- Dedicated Turn Lane
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 386400020000 | Improvements Assessment | $595,300 |
| Land Assessment | $829,700 | Total Assessment | $1,425,000 |
PROPERTY TAXES
Parcel Number
386400020000
Land Assessment
$829,700
Improvements Assessment
$595,300
Total Assessment
$1,425,000
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