Preston Highway at Interchange Signalized Hard Corner

Vacant Land for Sale
Catylist Listing ID: 30532519
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 4.36 Acres
Sale Price: $700,000 - 800,000 Per Acre
Total Price: $3,052,000 - 3,488,000
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/11/2021

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

View FullscreenMap

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
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.