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Commercial Outparcel Land
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1984 S Hurstbourne Pkwy, Louisville, KY 40220

Build-to-suit and ground lease flexibility supports multiple development approaches, subject to approvals.

Space SizeContact for details
Days on Market138

Property Features for 1984 S Hurstbourne Pkwy

General Information

Standard status Active
Property subtype Retail, Land, Restaurant

Building Details

Tenancy Single

Spaces For Lease

at 1984 S Hurstbourne Pkwy Contact us

Space 1

Type
Land, Restaurant, Retail
Availability
Active
Contact us
Listing Agency: Phillips Edison & Company
Listed By: Anthony Edwards · License #FLBO
Source: Crexi
Added: Apr 17 Changed: Aug 31 Last Checked: Sep 1 at 8:54AM

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 Phillips Edison & Company

Investment Insights

Based on property information with market context.

This commercial land outparcel is part of Town Fair Center, a shopping center anchored by a Walmart Supercenter. The site supports either a build-to-suit project or a ground lease structure, with drive-through and pad configurations identified as potential formats subject to approvals.

The property fronts S. Hurstbourne Parkway in Louisville, Kentucky, alongside national retailers including Michael’s, Staples, Great Clips, GameStop, and Sally Beauty. The corridor carries approximately 68,200–87,900 vehicles per day, while the surrounding trade area includes more than 87,700 residents within a three-mile radius and median household incomes above $85,000. The address is 1984 S Hurstbourne Pkwy.

Key Highlights

  • Outparcel at Town Fair Center anchored by a Walmart Supercenter
  • Approximately 68,200–87,900 vehicles per day on S. Hurstbourne Parkway
  • More than 87,700 residents within a three‑mile radius

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Garden Center Home Appliance Store Plumbing Service HVAC Service Kitchen & Bath Showroom Storage Facility

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

1,120
Businesses Nearby

Demographics for 40220, KY

34,315
Population
16,019
Households
2.1
Avg Household Size
39
Median Age
44%
College-Educated
96%
High-School Grad
7.7 sq mi
ZIP Area
4,456
Density / Sq Mi
$73,502
Median Household Income
$47,283
Median Earnings
$1,187
Median Rent
$249,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Build-to-suit and ground lease flexibility supports multiple development approaches, subject to approvals.
Where is this commercial land located?
The property is located at 1984 S Hurstbourne Pkwy Louisville, KY.
What are key features of this property?
This property features: Outparcel at Town Fair Center anchored by a Walmart Supercenter; Approximately 68,200–87,900 vehicles per day on S. Hurstbourne Parkway; More than 87,700 residents within a three‑mile radius
More about this property
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