8024 Preston Hwy is aland property for lease in Louisville, KY.
This is a unique 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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