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    5775 Preston Hwy Louisville, KY 40219

    Sponsored
    For Sale
    Contact for pricing

    0.84-acre lot, prime Louisville location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.84-acre commercial land parcel presents a unique build-to-suit opportunity in Louisville, Kentucky. Located at 5775 Preston Highway, this corner outparcel boasts a highly visible position at the signalized entrance to the well-occupied Indian Trail Shopping Center. The property's C-2 zoning allows for a wide range of commercial development options. The site benefits from its strategic location on a major Louisville commercial thoroughfare, Preston Highway, experiencing over 23,281 vehicles per day. This high traffic count ensures significant visibility and accessibility for any future development. The surrounding area is densely populated and anchored by major employers such as UPS, Louisville International Airport, Ford Assembly Plant, and GE Appliance Park, guaranteeing a strong potential customer base. The immediate vicinity also features a robust retail environment, including established businesses like Sam's Club, McDonald's, Fazoli's, Little Caesars, Cricket Wireless, Town & Country Ford, and Montgomery Chevrolet, as well as the Indian Trail Shopping Center tenants: Feeders Pet Supply, American Freight, Hibbett Sports, Save A Lot, Dollar Tree, Ollie's Bargain Outlet, and CitiTrends. This prime location offers unparalleled potential for a successful commercial venture. The Jefferson County address and 40219 zip code further solidify its desirability. This is an exceptional opportunity to build a thriving business in a high-traffic, established commercial area.

    Property Features for 5775 Preston Hwy

    General Information

    Property type
    Land
    Lot Size
    36,590 SF

    HighLights

    • 0.84‑acre commercial land parcel available for build‑to‑suit in Louisville, KY.
    • High‑traffic location on Preston Highway, a major Louisville commercial thoroughfare, with over 23,281 vehicles per day.
    • C‑2 zoning.
    • Excellent visibility and access at a signalized intersection.
    • Proximity to major employers including UPS, Louisville International Airport, Ford Assembly Plant, and GE Appliance Park.
    • Surrounded by national retailers such as Sam's Club, McDonald's, and others.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.702395987688
    Latitude
    38.164725254741

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    FAQs

    What type of property is this?
    Land - 0.84-acre lot, prime Louisville location.
    Where is this land located?
    The property is located at 5775 Preston Hwy Louisville, KY.
    What are key features of this property?
    This property features: 0.84-acre commercial land parcel available for build-to-suit in Louisville, KY.; High-traffic location on Preston Highway, a major Louisville commercial thoroughfare, with over 23,281 vehicles per day.; C-2 zoning.
    (502) 271-5830
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    5775 Preston Hwy Louisville, KY 40219
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    Louisville, KY 40219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5775 Preston Hwy Louisville, KY 40219
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