8805 s Preston HWY, Lebanon Junction KY 40150

$338,000

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Date Listed:

June 10, 2026

Occupation Status:

Vacant

Square Feet:

-

Bedrooms:

0.0

Bathrooms:

0.0

Investment Highlights

  • 5.10-acre industrial-zoned parcel in one of Kentucky’s fastest-growing logistics corridors
  • Prime frontage along Preston Highway with visibility from Interstate 65
  • Offered at approximately $65,700 per acre
  • Estimated market value for comparable industrial-zoned land in the corridor is approximately $105,000 per acre
  • Represents a 37% discount to market pricing
  • Less than 5 minutes to two I-65 interchanges, providing immediate regional access
  • Approximately 6-7 miles from major distribution and logistics operations
  • Suitable for Industrial Outdoor Storage (IOS), contractor yard, flex industrial, equipment storage, fleet operations, or future development
  • Strong long-term appreciation potential driven by continued industrial expansion along the I-65 corridor
  • Clean, usable topography with multiple development scenarios

Value Proposition

This offering provides investors and owner-users the opportunity to acquire industrial-zoned land at a significant discount to prevailing market values within one of Kentucky’s most active industrial growth corridors.

At an asking price of $335,000 ($65,700 per acre), the property is being offered approximately 37% below the estimated market rate of $105,000 per acre for industrial-zoned land in the area, creating an immediate value advantage for buyers.

The site’s direct Preston Highway frontage, Interstate 65 visibility, and proximity to major logistics infrastructure position it well for both near-term development and long-term appreciation. As industrial users continue to expand south from Louisville and demand for industrial land remains constrained, the corridor has experienced consistent growth in land values, development activity, and occupier demand.

For investors not seeking immediate development, the property also represents a compelling buy-and-hold investment opportunity. Acquiring industrial land below market value within an expanding logistics corridor provides the potential for substantial appreciation as surrounding development continues and available industrial land becomes increasingly scarce.

Further supporting the investment thesis, the adjacent 3.1-acre parcel sold for approximately $700,000 in 2025, demonstrating strong demand and increasing land values in the immediate trade area.

Why Investors Should Take Notice

Industrial land along the I-65 corridor between Louisville and Elizabethtown has become increasingly difficult to acquire at an attractive basis. With continued investment from logistics, manufacturing, transportation, and contractor-related businesses, this corridor is positioned for long-term growth.

Whether developed today or held for future appreciation, 8805 S. Preston Highway offers investors the opportunity to control a strategically located industrial asset at a basis substantially below current market pricing while benefiting from the ongoing expansion of one of Kentucky’s strongest industrial corridors.

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