18.11 Acre Development Site - Corner S. Hurstbourne Pky & Fegenbush Ln

5905 Fegenbush Ln, Louisville, KY

$5,313,000

Price

18.11 acres

Lot Area

 
Overview
Lot Area
18.11 acres
Description

This property is zoned C-1 commercial with retail sites fronting Fegenbush and Hurstbourne Parkway and a 12.47 acre parcel with frontage on Fegenbush Lane ideally suited for office warehouse, mini-storage or retail shopping center. The entire site could also be rezoned to support PEC zoning for warehouse and distribution uses.

Great trade area located across from GE Appliance Park. Other users in the area include Mercy Academy and the Willow Green Apartments. This site is ideally suited for retail centers and fast food uses. It is also prime for office warehouse and flex-space development.

Frontage, 882 feet on South Hurstbourne Pkwy and 1,158 feet on Fegenbush Lane.
Lot depth, 710 feet.
Traffic Count on Hurstbourne Parkway - 18,561 ADT
Traffic Count on Fegenbush Lane - 13,359 ADT

Deed Book: 8660 Page: 396

There is a Texas Gas easement on the property. This easement cannot be built upon, but parking can be constructed within the easement.

Highlights
  • Retail/Warehouse Distribution Lots Available - Zoned and Ready for Development
  • The original plan was approved for 128,727 square feet with a mix of retail out-lots including a 72,906 square foot grocery with retail shops.
  • Currently Zoned C-1 Commercial.
  • This site could be rezoned to PEC to support warehouse and distribution.
  • Signalized corner with entrances on Fegenbush and S. Hurstbourne Parkway.
  • All utilities to the site.
  • Site can be divided into five (5) lots of: 2.17 acres ($500,000/acre); 1.4 acres ($525,000/acre); 1.03 acres ($525,000/acre); 0.77 acres, UNDER CONTRACT ($525,000/acre) and 12.74 acres UNDER CONTRACT ($200,000/acre).
  • Or the entire 18.11 acre site could be purchased. Call agent for pricing.
Documents

Location
Gallery