8024 Preston Hwy is aland property for lease in Louisville, KY.
This is an assimilation of two adjacent and highly complimentary tracts (separate owners) at the intersection of Preston Highway and Outer Loop in Okolona/south Louisville. Amazing traffic counts at 110,000CPD! Tract A is the 40' wide vacant strip enabling Preston Highway access for the larger tract B, a 5.43-acre tract of undeveloped land surrounded by SFR's and retail. Tracts are zoned C-1, R-4 and R-5. Additional land may be available.
The area is heavy retail (Jefferson Mall is .5 mi. east) with major employment centers within 10 minutes (Appliance Park, UPS, Ford), schools (Southern HS- .5 mi. south) and churches. Interstate access (I-65, I-264) close by. All utilities available.
Highest and best use suggests SFR, multifamily or self-storage. Preliminary indications are that either use is feasible. Multifamily could include LIHTC and/or seniors housing.
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