Development Land - Adjacent to Meijer on Preston Hwy!

Vacant Land for Sale
Catylist Listing ID: 30201439
Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 12.29 Acres
Sale Price: $1,629,000
Unit Price: $132,546 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 12/4/2022

Overview / Comments

Vacant land for development! The possibilities are endless for this tract of land containing 12.292 acres, located adjacent to the Meijer on Preston Highway. The property offers good visibility and possible cross access to the center, as well as access and exposure from South Park Road. The location is just west of Preston Highway (traffic counts of nearly 30,000 cars per day) and just north of Interstate 265 (traffic counts of 86,600 cars per day). Some of the area's primary commercial outlets and major retailers are within 2-miles, which include Meijer, Kroger, Lowe's, Home Depot, Rave Cinema, and the Jefferson Mall. Also, the property is just 1-mile from Menards.

The site has a rolling topography and is partly wooded with a stream onsite. Appears 8.5 to 9.5 acres are usable and out of floodplain.

Don't miss out on this development opportunity while the area is growing fast!

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 066002990000
Zoning: R-4 - Residential Single Family District
Property Located Between: Preston Highway and Blue Lick Road
Property Visibility: Good
Largest Nearby Street: Preston Highway
Feet of Frontage: 112
Traffic/Vehicle Count: 12,000
Highway Access: Interstate 265 is just 0.75 miles to the south
Lot Frontage: 112
Zoning Description: R-4, Single-Family Residential (A zoning change may be pursued for commercial or higher density residential development; seller's willing to assist in zoning change)
In Flood Plain?: Yes
Topography: Gently Sloping

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,302 69,947 170,218
Median Age: 36.1 36.61 36.6
Households: 5,103 27,301 67,218

Contact

Photograph of Listing Agent

Amanda Helfrich

Homepage Realty KCREA Member
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