5201 Bardstown is aland property for lease in Louisville, KY.
This development site is located on Bardstown road in Louisville, KY. This offering comprises two separate listings with two ownership entities. Both properties are adjoining, and they are located with frontage on both Bardstown Road and Hurstbourne Parkway.
The properties offer an opportunity to assemble a large amount of undeveloped land in a solid growth area of Eastern Jefferson County. This is a unique location that is located between Hurstbourne Parkway and Bardstown Road, two major roadways that run parallel. Given the location, the properties have frontage on both major streets, which would enable a buyer to gain access from both of these high traffic thoroughfares.
These featured sites comprise a total of approximately 43.7 acres. Hurstbourne Parkway’s rapid development has reached this location, with both well established and new development in very close proximity. A new assisted living facility has been approved for a site across S. Hurstbourne Parkway from this site. The area lends itself well to many forms of development, including office, flex-office, retail, medical, multifamily or residential. The size, layout and dual access off both streets presents a great opportunity for mixed use development.
This opportunity is truly rare, providing an investor the chance to acquire significant acreage in a solid corridor. The area is experiencing growth from the north as well as the southern stretch of Bardstown Road, which has enjoyed tremendous growth in areas around the Gene Snyder Expressway into Bullitt County.
Listing 1: 5201 Bardstown Road; 5 parcels totaling approximately 26 acres; zoning R-4; offering price: $2,314,000
Listing 2: 5215 Bardstown Road; 2 parcels totaling approximately 17.7 acres; zoning R-4; offering price: $2,389,500
Total Acreage Available: Approximately 43.7 acres (according to PVA)
Total Offering Price For Both Properties: $4,703,500