Cooper Church and Preston Highway Assemblage Land Opportunity
Vacant Land
for Sale
| Catylist Listing ID: |
30531801 |
| Property Subtypes: |
Hospitality, Industrial, Office, Retail, Self Storage
|
| Gross Land Area: |
1.96 - 4.76 Acres
|
| Sale Price: |
$325,000 Per Acre |
| Land Splits Available: |
Yes |
| Adjacent Parcels Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/9/2022 |
Overview / Comments
This is a three tract, two owner assemblage offered for sale located at the SW Quadrant of I-265 and Preston Highway. The three tracts have 300 feet on Preston Highway and exposure to more than 46,000 cars per day. The properties are accessed via Cooper Church Road, an easy right from the signalized Preston and Commerce Crossings intersection. Located at the front door of the booming Hillview trade area home to Walmart, Kohl's, Lowe's, Kroger, Cinemark Theater with Menards under construction directly across the intersection. The site is at the main entrance to Commerce Crossings Business Park home to more than 5,500 employees and the brand new 160-unit Creekside Crossings Apartments, both are within walking distance.
This is an ideal site for hospitality, restaurant, self-storage, multi family or office development.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Tax ID/APN: |
008502600000 and 008502630000 and 008500650000 |
| Zoning: |
R-4 - Residential Single Family District |
| Property Located Between: |
Preston Highway and Cooper Church Road at the main entrance to Commerce Crossings Business Park |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Preston Highway |
| Feet of Frontage: |
300 |
| Traffic/Vehicle Count: |
46,400 |
| Highway Access: |
Located just south of I-265 via Preston Highway |
| Site Description: |
Cleared mostly level two tract parcel with great visibility to Preston Highway. Sanitary sewers in adjacent tract 9928 Preston. |
| Area Description: |
Booming retail and commercial trade area. Easy access from I-265 and minutes from I-65. Dense residential, heavy office/commercial. Many demand generators are in the immediate vicinity. |
| Lot Frontage: |
300 |
| Zoning Description: |
Currently R-4, Neighborhood Form District. |
| Topography: |
Gently Sloping |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,245 |
69,704 |
156,979 |
| Median Age: |
34.58 |
37.19 |
36.66 |
| Households: |
2,648 |
26,903 |
61,366 |
|
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