Preston & 265 Development Land
Vacant Land
for Sale
| Catylist Listing ID: |
28248995 |
| Property Subtypes: |
Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
|
| Building Status: |
Proposed |
| Gross Land Area: |
2.80 Acres
|
| Sale Price: |
$625,000 |
| Unit Price: |
$223,214 Per Acre |
| Land Splits Available: |
Yes |
| Adjacent Parcels Available: |
Yes |
| Sale Terms: |
Cash to Seller, Owner Financing, Build-to-Suit, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/10/2024 |
Overview / Comments
Southernmost lot in block of Preston from Manslick to 265 currently undergoing redevelopment. Additional acreage available for retail development by adding nearby parcels that are both on and off market. National retailers in block include Meijer's, Tire Discounters, Burger King, Shell & Thornton's. Currently zoned R4, the heavy lifting of rezoning is underway with the development of the corners. Preston frontage of 215 ft x 600 deep. Adjacent parcels could increase Preston frontage up to 335 ft x 600 deep. Gently sloping topography. Utilities on site. See 'Attachments & Media' for further info and video overview. Please do not approach current tenants.
Seller is open to JV, seller financing, and land lease for qualified buyers.
|
Additional Details
| Nearest MSA: |
Louisville-Jefferson County |
| County: |
Jefferson |
| Tax ID/APN: |
066100170000 |
| Zoning: |
R-4 - Residential Single Family District |
| Property Visibility: |
Excellent |
| Available Utilities: |
Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,885 |
74,858 |
168,236 |
| Median Age: |
38.58 |
37.07 |
36.68 |
| Households: |
3,413 |
29,272 |
66,148 |
|
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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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