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10408 Morat Ave - 10408 Morat Ave. 11.29 Acres of Commercial Land Offered at $3,208,960 CAD in Louisville, KY 40223

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INVESTMENT HIGHLIGHTS

Prominent location on North Hurstbourne Parkway
Growth corridor

Large land parcel

EXECUTIVE SUMMARY

We are pleased to offer this rare 11.29 acre raw land property located on North Hurstbourne Parkway in Louisville, Kentucky. The property is located in the southeastern quadrant of North Hurstbourne Parkway and Dorsey Lane. Zoning is R-4 residential. The area around the property has enjoyed strong commercial and residential growth. Major office employers occupy the 3 million square feet of Class A offices nearby. Restaurants and shopping and services are located immediately to the north and south off of Hurstbourne Lane. The traffic count on this section of Hurstbourne Parkway is strong at 22,441 cars per day, and demographics reveal a densely concentrated and highly affluent population living within the 1, 3, and 5 mile radius of the site. This property offers opportunities for development of residential units, multi-family, senior living, office and hotels. Included is The Morat House, a Kentucky landmark. The house, located at 1600 Alpha Avenue, was built in 1868.It is a 2-story, brick Italianate-style house.

10408 Morat Ave OM - A

PROPERTY FACTS

Price	$3,208,960 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Multifamily Single Family Development
No. Lots	1	Total Lot Size	11.29 AC
Property Type	Land
Zoning	R-4

Price	$3,208,960 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Single Family Development
Total Lot Size	11.29 AC
Zoning	R-4

1 LOT AVAILABLE

Lot

Price	$3,208,960 CAD	Lot Size	11.29 AC
Price Per AC	$284,230.30 CAD

Price	$3,208,960 CAD
Price Per AC	$284,230.30 CAD
Lot Size	11.29 AC

10408 Morat Avenue is a three parcel land property in a highly desirable location along North Hurstbourne Parkway. With no shortage of major employers in proximity, the property has high potential for commercial development.

DESCRIPTION

This property is located on dynamic North Hurstbourne Parkway near Class A office buildings, retail, superb restaurants, residential neighborhoods and the 550-acre Tom Sawyer Park. The area is easy to reach as it is served by major road arteries such as Hurstbourne Parkway, Shelbyville Road, Westport Road, I-265 and I-264. Located adjacent to the property is Maryhurst and the Springs Apartments, a Class A multi-family development. Nearby is Eastpoint, a 700-acre multi-use Business Park with over 100 companies employing 5,000 individuals. The Ford Truck Plant employs 8,700 individuals and is located 3 miles to the east.

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PROPERTY TAXES

Parcel Number	030600480000	Improvements Assessment	$0 CAD
Land Assessment	$121,699 CAD	Total Assessment	$121,699 CAD

PROPERTY TAXES

Parcel Number

030600480000

Land Assessment

$121,699 CAD

Improvements Assessment

$0 CAD

Total Assessment

$121,699 CAD

(502) 741-2150

CONTACTS

Brent Dolen
E.P. Scherer
Sam Gray
Sam English, CFA
Cushman & Wakefield | Commercial Kentucky

Listing ID: 37720564
Date on Market: 2025-09-18
Last Updated:
Address: 10408 Morat Ave, Louisville, KY 40223

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