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12847743
12847744

11401 Race Rd, Louisville, KY 40291

NG
KY 274313, IN RB17000215
Grisanti Group Commercial Real Estate
Listed by Grisanti Group Commercial Real Estate
$36,144.58/Acre/YR
45 days on market
Updated 45 days ago

Ground Lease Race Road

Building Details
Property Type Land
Sub Type Industrial
Tenancy Single

Spaces

Land | Single tenant | 2 acre

Building description

Ground lease opportunity for 2.49 +/- acres along the booming Bardstown Road corridor between I-265 and the Parklands.

Site is located on Race Road, a service road with immediate access to Bardstown Road/US 150/Hwy 31E. Annual Average Daily Traffic in this stretch of Bardstown Road is approximately 43,000, per KYTC. This corridor is home to numerous new and proposed retail, healthcare, and residential developments. Close to this Property is the Valor Academy site redevelopment, in which over 500 multi-family units are approved along with several retail outlots. To the north, Southpointe Commons and Cedar Creek Crossing have brought numerous new national retailers and restaurants to the market. There is a new Baptist Healthcare emergency room/urgent care facility, a new Goodwill planned, and multiple grocery stores proposed for this corridor in different stages of approval and development.

Recently, the owner of the subject property obtained approved from Louisville Metro for an outdoor storage lot for automobiles, RVs, trailers, and boats. Council approved a zone change to CM (Commercial Manufacturing) with binding elements under Louisville Metro Planning Commission Case Number 24ZONE0115. The Planning Commission and Metro Council binding elements are attached here.

Site does not have sewers

Listing Contacts

NG
KY 274313, IN RB17000215
Grisanti Group Commercial Real Estate
Listed by Grisanti Group Commercial Real Estate

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Additional Information

Name
Nick Grisanti
License
274313
Brokerage
Grisanti Group Commercial Real Estate
Title
Principal Broker
Brokerage Address
201 Moser Road
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
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