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This exceptional 0.96-acre commercial lot, located at 11800 Interchange Dr, Louisville, KY 40229 (APN: 3514006B0000), presents a prime development opportunity. Zoned C-1, this vacant property offers unparalleled visibility to over 40,000 vehicles per day on Preston Highway. Its strategic location directly fronts Commerce Crossings, a 240-acre business park, and is adjacent to a 312-unit Class-A apartment complex and a proposed 14,000 square foot retail center. The surrounding area boasts a strong retail presence, including big-box stores like Kroger, Walmart, Kohl's, and Lowe's, as well as numerous national and regional chains. This thriving neighborhood also shows significant residential growth, with a 1.58% annual population increase within a one-mile radius. The asking price is $575,000, with the land valued at $1.20 per square foot. The seller is open to various development options, including outright sale, ground lease, build-to-suit agreements, or other flexible terms. This property's high visibility, strategic location, and strong surrounding demographics make it an ideal investment for retail, medical, or office development. Easy access to Interstates 265 and 65 further enhances its appeal. Don't miss this chance to capitalize on this exceptional commercial land opportunity in a rapidly growing area.
Highlights
$575,000 asking price for a 0.96-acre commercial lot.
C-1 zoning allows for flexible development options including sale, ground lease, or build-to-suit.
High visibility corner lot on Preston Highway, experiencing over 40,000 vehicles per day.
Excellent location near Commerce Crossings business park, Apex on Preston Apartments, and a proposed 14,000 SF retail center.
Strong retail environment anchored by big-box retailers and numerous national/regional chains.
High-growth area with a 1.58% annual population growth rate within a 1-mile radius.
Property Details
for 11800 Interchange Dr
Property type
Individual retail properties, Other retail properties
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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