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: 9/1/2022

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

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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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