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Two Acre Development Tract
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245 Adams St, Louisville, KY 40206

Two-acre development tract in downtown Louisville with I-64 frontage.

Property SizeContact for details
Lot Size2.00 Acres
Days on Market2510

Property Features for 245 Adams St

General Information

Standard status Active
Lot size 2.00 Acres
Property subtype Retail, Multifamily, Office, Hospitality, Mixed Use, Land, Self Storage, Special Purpose
Zoning EZ-1
Listing Agency: Homepage Realty
Listed By: Amanda Helfrich · License #222813
Source: Crexi
Added: Oct 10, 2019 Changed: Aug 8 Last Checked: Aug 21 at 5:41PM

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 Homepage Realty

Investment Insights

Based on property information with market context.

This two-acre development tract is available in downtown Louisville, featuring frontage and exposure to Interstate 64, as well as views of the Ohio waterfront. It is located near the Louisville City FC Soccer Stadium and offers frontage and access from both Adams and Quincy Streets. Situated within an Opportunity Zone, the property may qualify for additional owner/developer benefits. The location provides close proximity to the Butchertown and NuLu areas. The zoning accommodates a variety of commercial land uses, including multi-family, hotel, self-storage, mixed-use developments with street retail and upper-level residential units. The property is also suitable for a music venue, event venue, farmer's market, food truck and entertainment development, bourbon distillery, or restaurant development. A clean environmental report is available upon request. There are some small accessory buildings and a barn on-site, with short-term leases in place providing interim income. The adjacent 0.56-acre parcel is also listed and could offer additional frontage and access from Adams Street.

Key Highlights

  • Two‑acre development tract in downtown Louisville with Interstate 64 frontage and exposure.
  • Located within an Opportunity Zone, offering potential owner/developer benefits.
  • Zoned for a variety of commercial uses including multi‑family, hotel, self‑storage, and mixed‑use developments.

Property Analytics

Current Use

Diegos home maintenance Landscaping

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Daycare Center Plumbing Service Butcher Auto Parts Store

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

967
Businesses Nearby

Demographics for 40206, KY

20,196
Population
11,637
Households
1.7
Avg Household Size
38
Median Age
55%
College-Educated
95%
High-School Grad
5.8 sq mi
ZIP Area
3,482
Density / Sq Mi
$72,543
Median Household Income
$48,506
Median Earnings
$1,142
Median Rent
$276,100
Median Home Value

Market

Vacancy Rate% for Industrial in Louisville, KY

5.1% 2019
4.7% 2020
1.7% 2021
3.9% 2022
3.9% 2023
3.6% 2024
3.7% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Two-acre development tract in downtown Louisville with I-64 frontage.
Where is this commercial land located?
The property is located at 245 Adams St Louisville, KY.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Two‑acre development tract in downtown Louisville with Interstate 64 frontage and exposure.; Located within an Opportunity Zone, offering potential owner/developer benefits.; Zoned for a variety of commercial uses including multi‑family, hotel, self‑storage, and mixed‑use developments.
(502) 807-7319 Call to check price and availability
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