Preston Highway at Interchange Signalized Hard Corner
Vacant Land
for Sale
| Catylist Listing ID: |
30532519 |
| Property Subtypes: |
Retail, Retail-Pad
|
| Gross Land Area: |
2.61 Acres
|
| Sale Price: |
$750,000 Per Acre |
| Total Price: |
$1,957,500 |
| Land Splits Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/23/2021 |
Overview / Comments
First time to the market, Preston Highway frontage with access to the signalized hard corner on Preston Highway at Interchange Drive. Great access and street level visibility. This trade area is booming with new apartments, Menards now open and booming single-family subdivision growth just east. The two tracts are the only opportunity to have direct access to the Preston Highway corridor with traffic counts of 34,000+.
Located just south of Menards with direct access/easement to Interchange Drive and Commerce Crossings Business Park with more than 5,500 employees.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Taxing Authority: |
Jefferson County |
| Tax ID/APN: |
008503970000 and 008503110000 |
| Zoning: |
R-4 - Residential Single Family District |
| Property Located Between: |
Interchange and Cooper Chapel |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Preston Highway |
| Feet of Frontage: |
670 |
| Traffic/Vehicle Count: |
34,000 |
| Site Description: |
Rare Preston Highway frontage, new to market land located at Preston Highway at Interchange Drive traffic light. |
| Area Description: |
This is the booming Hillview trade area with a new Menards now open. Close to Walmart, Kohl's, Lowe's, Cinemark Theater, Kroger and Commerce Crossings Business Park. |
| Zoning Description: |
Currently zoned R-4. |
| Topography: |
Level |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,960 |
64,575 |
145,023 |
| Median Age: |
34.1 |
37.26 |
36.89 |
| Households: |
3,672 |
24,843 |
56,728 |
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