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    FOR SALE
    Commercial land

    9221 Preston Hwy Louisville, KY 40229

    Property ID
    US34-0252464
    9221 Preston Hwy, Louisville, KY 40229 For Sale 1 / 21
    $625,000
    9221 Preston Hwy, Louisville, KY 40229
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    Property summary
    AI-generated overview

    Southernmost lot in block of Preston from Manslick to 265 currently undergoing redevelopment. Additional acreage available for retail development by adding nearby parcels that are both on and off market. National retailers in block include Meijer's, Tire Discounters, Burger King, Shell & Thornton's. Currently zoned R4, the heavy lifting of rezoning is underway with the development of the corners. Preston frontage of 215 ft x 600 deep. Adjacent parcels could increase Preston frontage up to 335 ft x 600 deep. Gently sloping topography. Utilities on site. See 'Attachments & Media' for further info and video overview. Please do not approach current tenants. BUYERS ABLE TO OFFER WITH NO ZONING / FINANCING CONTINGENCIES ARE ELIGIBLE FOR "CASH" PRICE OF $550,000 TO CLOSE WITHIN 90 DAYS.

    Property profile
    Verified
    Property type Commercial land
    UPID US34-0252464
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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