5101 Preston Hwy Louisville, KY 40213
- Turn key restaurants
- 2,744 SF
- 0.64 lot acres
Current Use by Public Records
- Wendy's / Fast Food Restaurant / Hamburger Restaurant
Property Details for 5101 Preston Hwy
- Year built
- 1974
- Lot size
- 0.64 lot acres
- Property size
- 2,744 SF
- Zone code
- C1-COMMERCIAL
- Property type
- Turn key restaurants
- APN
- 23079800970000
- APU
- 23079800970000
Description
This exceptional 0.64-acre commercial property, located at a signalized intersection on Preston Highway in Jefferson County, presents a prime retail investment opportunity. The property features a 3,602 square foot building, currently occupied by a fast-food/drive-thru restaurant that will soon be vacant, leaving 2,744 square feet available. The building, constructed in 1974, is a single-story structure with 30 parking spaces. The site's strategic location offers unparalleled visibility and accessibility, making it ideal for a variety of retail or restaurant uses. The property is zoned C1 and boasts strong demographics, with approximately 60,000 people residing within a three-mile radius and over 2,700 households within one mile. This presents a unique chance to capitalize on a thriving market, especially considering the seller's closure of similar locations in Louisville, indicating a potential for strong future demand. The lot size is 27,878 square feet, providing ample space for expansion or additional development. This is a rare opportunity to acquire a well-positioned pad site in a high-traffic area with significant growth potential. The property is ready for immediate occupancy and offers a blank canvas for a new business venture.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.7121
- Latitude
- 38.1746
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
