Prime Retail Site
Vacant Land
for Sale
| Catylist Listing ID: |
30852332 |
| Property Subtypes: |
Hospitality, Office, Retail, Retail-Pad, Other
|
| Gross Land Area: |
102,366 SF
|
| Sale Price: |
$1,650,000 |
| Unit Price: |
$16.12 PSF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/26/2024 |
Overview / Comments
|
This site may be divided into 2 1+ acre parcels. The site consists of 9108-9110-9112-9118 Preston Highway, totaling approximately 2.35 acres located at the signalized corner of South Park Rd and Preston Highway with nearly 24,000 cars passing daily. The frontage on Preston is approximately 350 feet and 250 feet along South Park. The area has seen substantial growth and development in recent months. Consisting of a new Menards, Lowes, and countless other national retailers slated to come, including Chick-Fil-A. This Property can be divided for the right use. Opportunities are endless.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Tax ID/APN: |
066001230000 |
| Zoning: |
R-4 - Residential Single Family District |
| Property Located Between: |
Located just north of I-265 ramp on to Preston Highway at the South Park/Manslick signalized intersection... |
| Property Visibility: |
Excellent |
| Legal Description: |
4 parcels |
| Largest Nearby Street: |
Preston Highway |
| Feet of Frontage: |
350 |
| Traffic/Vehicle Count: |
24,000 |
| Highway Access: |
Easy Access to I-265, I-64, I-65 |
| Site Description: |
Level lot. Currently has 4 homes on the site that are rented. |
| Area Description: |
Rapidly growing area. Located at the same intersection is a new Thornton's and Circle K convenience stores. Just south is a new Menards, Lowes and plans for additional development including Chick-Fil-A. |
| Lot Frontage: |
350 |
| Lot Depth: |
250 |
| Zoning Description: |
Currently zoned residential R-4. |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,946 |
70,284 |
169,388 |
| Median Age: |
36.82 |
36.99 |
36.7 |
| Households: |
5,000 |
27,553 |
67,080 |
|
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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