PRICE REDUCTION - 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
Cap Rate: Undisclosed
Last Updated: 4/27/2021

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.

Attachments & Media

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

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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


Photograph of Listing Agent

Geoff Wilkinson

KW Commercial KCREA Member
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