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Contiguous Development Land Opportunity
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500 W Broadway, Louisville, KY 40202

Contiguous downtown Louisville land opportunity within a Qualified Opportunity Zone, with additional parcels available.

Property SizeContact for details
Lot Size7.50 Acres
Days on Market20

Property Features for 500 W Broadway

General Information

Standard status Active
Lot size 7.50 Acres
Property subtype Land

Additional Details

Opportunity Zone Yes
Listing Agency: Louisville
Listed By: Jenny Johnston · License #246944
Source: Colliers
Added: Jul 24 Changed: Jul 25 Last Checked: Aug 12 at 3:11AM

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 Louisville

Investment Insights

Based on property information with market context.

This downtown Louisville assemblage presents contiguous development land within a Qualified Opportunity Zone, with an additional Qualified Census Tract included. The offering contemplates a larger platform for urban redevelopment, with scale and configuration suited to a range of adaptive and mixed-use concepts.

In addition to the land, the opportunity also includes the former 180,000 SF Bank of Louisville office building and a 253-space parking garage. The parcels are situated in the Central Business District, supporting flexibility for projects requiring both built space and on-site parking.

Approximately 2 additional acres proximate to the subject parcels are available under separate listings, allowing for further expansion depending on development needs.

Key Highlights

  • Over 7.5 acres of contiguous land in downtown Louisville within a Qualified Opportunity Zone
  • Also includes the former 180,000 SF Bank of Louisville office building
  • Includes a 253‑space parking garage

Property Analytics

Current Use

Air Hydro Power ... Factory

Suggested Use

Top Pick Storage Facility Carpet & Flooring Store Electrical Service (Bike/Boat/Book/etc) Store Garden Center Pet Store & Service

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

Location Intelligence

Trade Area within ½ mile

5,737
Businesses Nearby

Demographics for 40202, KY

7,179
Population
4,242
Households
1.7
Avg Household Size
39
Median Age
27%
College-Educated
83%
High-School Grad
1.6 sq mi
ZIP Area
4,487
Density / Sq Mi
$29,382
Median Household Income
$33,205
Median Earnings
$881
Median Rent
$340,000
Median Home Value

Market

Vacancy Rate% for Office in Louisville, KY

12.4% 2019
14.8% 2020
14.3% 2021
15.4% 2022
16.3% 2023
15.7% 2024
18.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Contiguous downtown Louisville land opportunity within a Qualified Opportunity Zone, with additional parcels available.
Where is this office building located?
The property is located at 500 W Broadway Louisville, KY.
What are key features of this property?
This property features: Over 7.5 acres of contiguous land in downtown Louisville within a Qualified Opportunity Zone; Also includes the former 180,000 SF Bank of Louisville office building; Includes a 253‑space parking garage
More about this property
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