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Property profile & analytics
OFF-MARKET
Land

0 Mkt Pl Dr Louisville, KY 40229

Property ID
Property summary
AI-generated overview

This exceptional 1.47-acre commercial outparcel presents a unique ground lease opportunity in the thriving Hillview, KY submarket of the Louisville MSA. Located on Preston Highway (KY Route 61), this highly visible lot boasts over 18,000 vehicles per day passing directly in front. The property sits prominently in front of a Price Less Foods anchored shopping center and adjacent to a newly constructed Scooter's Coffee, ensuring high traffic and excellent brand exposure. Its strategic location offers easy access to major thoroughfares, with I-65 and I-265 (Gene Snyder Freeway) less than three miles away. This prime location benefits from the strong retail presence of nearby national brands, including Walmart Supercenter, Tractor Supply Co., Kohl's, Menards, and Lowe's Home Improvement, creating a robust and desirable retail environment. The property is situated in Bullitt County, Kentucky, with a Louisville, KY mailing address and zip code 40229. This outparcel is ideal for a variety of commercial uses, offering significant potential for growth and return on investment. The single-tenancy land is classified as commercial property.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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