Preston Highway at Interchange Signalized Hard Corner
Vacant Land
for Sale
| Catylist Listing ID: |
30532519 |
| Property Subtypes: |
Retail, Retail-Pad
|
| Gross Land Area: |
4.74 Acres
|
| Sale Price: |
$700,000 - 800,000 Per Acre |
| Total Price: |
$3,318,000 - 3,792,000 |
| Land Splits Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/2/2019 |
Overview / Comments
First time to the market, a signalized hard corner on Preston Highway at Interchange Drive with amazing access and street level visibility. This trade area is booming with new apartments, Menards opening Spring 2020- and 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 to Interchange Drive and Commerce Crossings Business Park with more than 5,500 employess.
|
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 |
| Area Description: |
This is the booming Hillview trade area wtih Menards opening Spring 2020, 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 |
144,182 |
| Median Age: |
34.1 |
37.26 |
36.9 |
| Households: |
3,672 |
24,843 |
56,383 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
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