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

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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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