11800 Interchange DrLouisville, KY 40229
- Land
- 0.97 AC
Property Details for 11800 Interchange Dr
- Lot size
- 0.97 AC
- Zone code
- C2-COMMERCIAL
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 233514006B0000
- APU
- 233514006B0000
Description
This exceptional 0.96-acre site, zoned C-1, offers 10,000 square feet of available retail space, divisible to 1,500 square feet. Located on Preston Highway, this property boasts unparalleled visibility to over 40,000 vehicles daily, situated adjacent to Chili's and in front of the 240-acre Commerce Crossing business park. The site benefits from its proximity to a 312-unit Class-A apartment complex and the proposed 14,000 square foot Apex Center. The surrounding area is thriving, anchored by major retailers including Kroger, Walmart, Kohl's, and Lowe's, along with numerous national and regional chains. This high-traffic location shows a 1.58% annual population growth rate within a one-mile radius, presenting significant growth potential. The owner is open to various options, including sale, ground lease, build-to-suit, or development of a retail center, making this a highly flexible and attractive investment opportunity. The property is a single-story building, part of a neighborhood/strip center, and offers easy access to Interstates 265 and 65. The base monthly rent is estimated between $20,833 and $21,666. This is an ideal location for retail, medical, or office development.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $7,294,571
- Hospitality
- $6,681,788
- Educational
- $5,559,169
- Medical
- $5,750,358
- Retail
- $8,647,596
Location Insight
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Latitude
- 38.0951
- Longitude
- -85.6713
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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