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Multi-Building Retail Property
For Sale
Contact for pricing
Pending

7111 Preston Highway & 3908 Oaklawn Drive, Louisville, KY 40217

Several buildings span two parcels, with the primary structure facing Preston Highway.

Property SizeContact for details
Lot Size1.76 Acres
Days on Market143

Property Features for 7111 Preston Highway & 3908 Oaklawn Drive

General Information

Standard status Pending
Lot size 1.76 Acres
Property subtype Retail
Listing Agency: Semonin Realtors Louisville
Listed By: Woody Hamilton · License #KY 58199
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 1:35AM

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 Semonin Realtors Louisville

Investment Insights

Based on property information with market context.

This retail property consists of two separately addressed parcels at 7111 Preston Highway and 3908 Oaklawn Drive in Louisville. The Oaklawn Drive parcel is positioned behind the Preston Highway parcel, creating a two-part site configuration.

The combined land area is approximately 1.76 acres. The Preston Highway parcel accounts for approximately .706 acres, while the Oaklawn Drive parcel contains approximately 1.06 acres. Several buildings are located across the properties, with the principal building situated on the Preston Highway parcel and oriented toward Preston Highway.

Key Highlights

  • Two separately addressed parcels at 7111 Preston Highway and 3908 Oaklawn Drive
  • Combined site area of approximately 1.76 acres
  • 7111 Preston Highway parcel measures approximately .706 acres

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store HVAC Service Garden 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.

Location Intelligence

Trade Area within ½ mile

633
Businesses Nearby
148k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 63% Shops & Services 30% Groceries 7%
Target Superstores
93,980 visits/mo 0.4 miles
Hobby Lobby Shops & Services
35,895 visits/mo 0.5 miles
Gordon Food Service Groceries
10,225 visits/mo 0.5 miles
Truist Shops & Services
4,834 visits/mo 0.4 miles
Prime Storage Shops & Services
1,910 visits/mo 0.3 miles

Demographics for 40217, KY

13,061
Population
6,840
Households
1.9
Avg Household Size
36
Median Age
48%
College-Educated
95%
High-School Grad
2.4 sq mi
ZIP Area
5,442
Density / Sq Mi
$68,573
Median Household Income
$48,298
Median Earnings
$1,150
Median Rent
$220,700
Median Home Value

Market

Vacancy Rate% for Retail in Louisville, KY

5.4% 2019
5.4% 2020
4.7% 2021
4.8% 2022
5.1% 2023
4.2% 2024
4.8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Several buildings span two parcels, with the primary structure facing Preston Highway.
Where is this retail space located?
The property is located at 7111 Preston Highway & 3908 Oaklawn Drive Louisville, KY.
What are key features of this property?
This property features: Two separately addressed parcels at 7111 Preston Highway and 3908 Oaklawn Drive; Combined site area of approximately 1.76 acres; 7111 Preston Highway parcel measures approximately .706 acres
More about this property
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