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Commercial Land with Outdoor Storage Approval
For Lease
$90,000

11401 Race Rd, Louisville, KY 40291

CM-zoned ground lease site with Race Road access to the Bardstown Road corridor.

Space SizeContact for details
Days on Market133

Property Features for 11401 Race Rd

General Information

Standard status Active
Property subtype Land
Zoning CM
Lease Type Absolute Net

Amenities

Vacant

Spaces For Lease

at 11401 Race Rd Contact us

Available Space $90,000/Mo

Contact us
Listing Agency: Grisanti Group Commercial Real Estate
Listed By: Nick Grisanti · License #274313
Source: Kcrea.resimplifi
Added: Apr 21 Changed: Aug 30 Last Checked: Aug 30 at 1:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grisanti Group Commercial Real Estate

Investment Insights

Based on property information with market context.

This 2.49 +/- acre commercial land offering is structured for a ground lease and carries CM zoning. Louisville Metro has approved an outdoor storage lot for automobiles, RVs, trailers, and boats, subject to binding elements associated with Planning Commission Case Number 24ZONE0115. The site does not have sewers.

Race Road functions as a service road with immediate access to Bardstown Road, US 150, and Hwy 31E. Annual Average Daily Traffic on this stretch of Bardstown Road is approximately 43,000, according to KYTC. The corridor includes retail, healthcare, and residential development activity, with nearby projects including Valor Academy site redevelopment, Southpointe Commons, and Cedar Creek Crossing.

Key Highlights

  • 2.49 +/- acres available for ground lease
  • CM zoning with approved outdoor storage use for automobiles, RVs, trailers, and boats
  • Immediate access from Race Road to Bardstown Road, US 150, and Hwy 31E

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Law Firm Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

111
Businesses Nearby

Demographics for 40291, KY

39,719
Population
16,894
Households
2.4
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
22.6 sq mi
ZIP Area
1,757
Density / Sq Mi
$81,576
Median Household Income
$46,186
Median Earnings
$1,161
Median Rent
$264,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - CM-zoned ground lease site with Race Road access to the Bardstown Road corridor.
Where is this commercial land located?
The property is located at 11401 Race Rd Louisville, KY.
What is the lease rate?
The lease rate is $90,000.
What are key features of this property?
This property features: 2.49 +/- acres available for ground lease; CM zoning with approved outdoor storage use for automobiles, RVs, trailers, and boats; Immediate access from Race Road to Bardstown Road, US 150, and Hwy 31E
More about this property
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