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Preston Highway Land for Sale
For Sale
$550,000

9221 Preston Hwy, Louisville, KY 40229

Commercial land available on Preston Highway, Louisville.

Property SizeContact for details
Days on Market2445

Property Features for 9221 Preston Hwy

General Information

Standard status Active
Property subtype Land
Zoning R-4

Amenities

Water
Sewer
Listing Agency: KW Commercial
Listed By: Geoff Wilkinson · License #71641
Source: Kcrea.resimplifi
Added: Jan 1, 2020 Changed: Sep 8 Last Checked: Sep 9 at 5:51AM

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 KW Commercial

Investment Insights

Based on property information with market context.

The southernmost lot in a block of Preston Highway, currently undergoing redevelopment, is available for sale. The lot has 215 feet of frontage on Preston Highway and is 600 feet deep. Adjacent parcels could increase the Preston frontage up to 335 feet. Additional acreage is available for retail development by adding nearby parcels that are both on and off market. National retailers in the block include Meijer's, Tire Discounters, Burger King, Shell & Thornton's. The topography is gently sloping. Utilities are on site. Currently zoned R4, the heavy lifting of rezoning is underway with the development of the corners.

Key Highlights

  • Prime location on Preston Street, in an area undergoing exciting redevelopment with national retailers.
  • Significant Preston Street frontage with 215 ft x 600 ft, expandable to 335 ft x 600 ft with adjacent parcels.
  • Rezoning process underway to support development.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon

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

107
Businesses Nearby

Demographics for 40229, KY

39,380
Population
15,772
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
89%
High-School Grad
17.5 sq mi
ZIP Area
2,250
Density / Sq Mi
$78,877
Median Household Income
$42,782
Median Earnings
$1,294
Median Rent
$197,300
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land available on Preston Highway, Louisville.
Where is this commercial land located?
The property is located at 9221 Preston Hwy Louisville, KY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Prime location on Preston Street, in an area undergoing exciting redevelopment with national retailers.; Significant Preston Street frontage with 215 ft x 600 ft, expandable to 335 ft x 600 ft with adjacent parcels.; Rezoning process underway to support development.
More about this property
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