Commercial Potential Preston Hwy.

Vacant Land for Sale
Catylist Listing ID: 29983636
Property Subtypes: Multi-Family, Office, Retail
Gross Land Area: 1.64 Acres
Sale Price: $989,000
Unit Price: $603,048 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/1/2018

Overview / Comments

***High Traffic Location*** These three lots are located Across the street from the new Thorntons Station on Preston Highway, just off the Snyder Freeway. There are two structures that are currently zoned Office/Residential. The corner lot portion is zoned residential. This would be a perfect location for a bank or retail operation. There is a possibility for additional land, up to a total of 5 acres.
Traffic on Preston 24,732 ADT / SIde street - Manslick 7,495 ADT

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 066105650000
Zoning: OR - Office/Residential District
Market Type: Medium
Property Located Between: I-265 (Snyder Freeway) South, I-264 North
Side of Street: Southeast
Road Type: Paved, Highway
Property Visibility: Excellent
Largest Nearby Street: Preston
Traffic/Vehicle Count: 24,732
Highway Access: I-265 (Snyder Freeway)
Airports: Louisville International
Site Description: Vacant land improved with two buildings, that are zoned for office use
Area Description: Very high count traffic area across from new Thornton's and Meijers Super Store. Also less than one mile from I-265 and 10 minutes to airport
Zoning Description: Part Residential/Part Office
Topography: Level
Easements: Utilities
Available Utilities: Electric, Water

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,097 71,601 166,709
Median Age: 38.48 37.18 36.66
Households: 2,769 28,096 65,575


Photograph of Listing Agent

Paula C Colvin

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