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: 2/20/2024

Overview / Comments

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. 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.

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

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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
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