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    5775 Preston Hwy Louisville, KY 40219

    Sponsored
    For Lease
    Contact for pricing

    8.4 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 8.4-acre commercial land parcel presents a prime build-to-suit opportunity in Louisville, KY. Located at the highly visible corner of Preston Highway and E. Indian Trail, this C-2 zoned property boasts 179 square feet of frontage and benefits from a signalized entrance to the well-occupied Indian Trail Shopping Center. Anchored by prominent retailers such as Feeders Pet Supply, American Freight, and others, the center ensures high foot traffic and visibility. The site enjoys exceptional daily traffic counts exceeding 24,000 vehicles on Preston Highway, a major Louisville commercial artery. This densely populated area is strategically positioned near significant employers including UPS, Louisville International Airport, Ford Assembly Plant, and GE Appliance Park, guaranteeing a robust customer base. The property's location within the Okolona submarket of Jefferson County (zip code 40219) offers unparalleled access to a thriving consumer market. This build-to-suit opportunity allows for complete customization to meet specific business needs, making it an ideal location for a variety of commercial ventures. The property's size and location make it a rare and highly desirable investment.

    Property Features for 5775 Preston Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • High‑visibility location on a major Louisville commercial artery.
    • Excellent proximity to major employers including UPS, Louisville International Airport, Ford Assembly Plant, and GE Appliance Park.
    • Strong retail co‑tenancy with national brands such as Sam's Club, McDonald's, and several auto dealerships.
    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 - 8.4 Acres, High-Traffic 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: High-visibility location on a major Louisville commercial artery.; Excellent proximity to major employers including UPS, Louisville International Airport, Ford Assembly Plant, and GE Appliance Park.; Strong retail co-tenancy with national brands such as Sam's Club, McDonald's, and several auto dealerships.
    Request Owner's contact information
    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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