South Hurstbourne Parkway at S. Watterson Trail SW Corner

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30578159
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad
Status: Pending
Gross Land Area: 1.60 - 16.90 Acres
Sale Price: $300,000 - 375,000 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/8/2023

Overview / Comments

Star Hill South is the 16.9 acres located at the SW hard corner of Hurstbourne and S. Watterson Trail and it is the only opportunity to purchase a hard, level corner on Hurstbourne Parkway in the booming Fern Creek trade area. Star Hill South is a 16.9 acre development located at the SW quadrant of S. Hurstbourne Parkway and S. Watterson Trail. The two adjacent properties are also listed ( 5926 S WATTERSON TRL and 5910 S WATTERSON TRL) and together it totals almost 25 contiguous acres.

The property is midway between I-64 and I-65 with frontage and full access to Hurstbourne Parkway, a county arterial. Close to Mercy Academy, GE/Haier Appliance Park, UPS, Willow Green apartments and surrounded by dense and affluent residential. The site has exposure to high traffic with an ADT over 22,000 cars per day. The site has more than 2,000 feet of frontage on Hurstbourne Parkway with multiple curb and median cuts to provide excellent access.

Star Hill South is currently zoned R-4 and the seller is rezoning the property to C-1 and R-6. See the attached detailed district development plan that corresponds to pricing, land size and pending rezoning.

The property can be combined with listed properties located at 5910 and 5926 S. Watterson Trail for up to 25 acres.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 062801550000, 062801590000, 062801390000
Zoning: C-1 - Commercial District
Property Located Between: Bardstown Road and Fegenbush Lane
Property Visibility: Excellent
Largest Nearby Street: Hurstbourne Parkway
Feet of Frontage: 2,000
Traffic/Vehicle Count: 22,000
Zoning Description: R4
Development Name: Star Hill South

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,079 101,737 239,816
Median Age: 35.5 38.16 38.46
Households: 3,679 41,429 99,068


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