Development Opportunity on Preston

Vacant Land for Sale
Catylist Listing ID: 30291008
Property Subtypes: Office, Retail, Retail-Pad, Other
Gross Land Area: 0.96 Acres
Sale Price: $575,000
Unit Price: $598,958 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/9/2020

Overview / Comments

This .96 acre site sits adjacent to Chili's Restaurant. Owner is open to all options, including development of retail center, ground lease, build-to-suit, and sale. The parcel sits in a manner which allows limited visibility from Preston Highway. Other retailers in the immediate area include: Kroger, Wal-Mart, Kohl' s, Lowe' s, Rave Theater, and Tractor Supply. Property is located at the entrance to Commerce Crossings Business Park, which is home to more than 5,000 employees. Apex apartment complex is located directly across the street. Property is zoned C1.

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Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 3514006B0000
Zoning: C-1 - Commercial District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,184 62,398 135,568
Median Age: 34.2 37.04 37.48
Households: 4,124 23,925 52,871
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