5775 Preston HwyLouisville, KY 40219
- Commercial real estate
- 0.84 AC
Property Details for 5775 Preston Hwy
- Year built
- 1959
- Lot size
- 0.84 AC
- Zone code
- C1-COMMERCIAL
- Property type
- Commercial real estate
- APN
- 23062304180000
- APU
- 23062304180000
Description
This exceptional 8.4-acre commercial land parcel presents a prime build-to-suit opportunity in Louisville, KY. Located at the highly visible corner of Preston Highway and E. Indian Trail, this C-2 zoned property boasts 179 square feet of frontage and benefits from a signalized entrance to the well-occupied Indian Trail Shopping Center. Anchored by prominent retailers such as Feeders Pet Supply, American Freight, and others, the center ensures high foot traffic and visibility. The site enjoys exceptional daily traffic counts exceeding 24,000 vehicles on Preston Highway, a major Louisville commercial artery. This densely populated area is strategically positioned near significant employers including UPS, Louisville International Airport, Ford Assembly Plant, and GE Appliance Park, guaranteeing a robust customer base. The property's location within the Okolona submarket of Jefferson County (zip code 40219) offers unparalleled access to a thriving consumer market. This build-to-suit opportunity allows for complete customization to meet specific business needs, making it an ideal location for a variety of commercial ventures. The property's size and location make it a rare and highly desirable investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $5,189,708
- Hospitality
- $4,753,745
- Educational
- $3,955,060
- Medical
- $4,091,081
- Retail
- $6,152,316
Location Insight
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Latitude
- 38.165
- Longitude
- -85.7019
- 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
FAQs
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