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C-1 Commercial Land
For Lease
$25 SF/Yr

16223 Shelbyville Rd, Louisville, KY 40245

Land planned for a mixed-use business park with office, medical, elder care, and retail components.

Space SizeContact for details
Days on Market779

Property Features for 16223 Shelbyville Rd

General Information

Standard status Active
Property subtype Retail
Zoning C-1
Lease Type NNN

Amenities

Water
Sewer

Spaces For Lease

at 16223 Shelbyville Rd Contact us

Available Space $25/Mo

Contact us
Listing Agency: Colliers
Listed By: Brigitte Owens
Source: Kcrea.resimplifi
Added: Jul 14, 2024 Changed: Aug 30 Last Checked: Aug 30 at 1:21PM

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 Colliers

Investment Insights

Based on property information with market context.

This C-1 commercial land is planned as part of a larger business park totaling 11.4 acres and 124,160 square feet of proposed development. The concept includes four office buildings totaling 28,160 square feet, a 33,600-square-foot medical office building, a 33,600-square-foot elder care facility, and two retail buildings totaling 28,800 square feet.

The property is next to Publix and is surrounded by recently constructed residential neighborhoods. The proposed development is intended to combine office, medical, elder care, and retail uses in one business park setting. Lease availability is contingent on approval of the requested rezoning.

Key Highlights

  • C‑1 commercial land within a proposed 11.4‑acre business park
  • Planned development totals 124,160 square feet
  • Four office buildings totaling 28,160 square feet

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Parking Lot & Garage Garden Center Gym & Fitness Center Computer & Electronic Repair

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

70
Businesses Nearby

Demographics for 40245, KY

37,866
Population
15,226
Households
2.5
Avg Household Size
41
Median Age
59%
College-Educated
97%
High-School Grad
32.6 sq mi
ZIP Area
1,162
Density / Sq Mi
$120,171
Median Household Income
$63,623
Median Earnings
$1,605
Median Rent
$432,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Land planned for a mixed-use business park with office, medical, elder care, and retail components.
Where is this commercial land located?
The property is located at 16223 Shelbyville Rd Louisville, KY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: C‑1 commercial land within a proposed 11.4‑acre business park; Planned development totals 124,160 square feet; Four office buildings totaling 28,160 square feet
More about this property
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