Industrial Development Land For Sale in Old Louisville

Investment Overview

1447 Levering St is a ±1.63-acre industrial parcel in Louisville's urban core, roughly a mile south of downtown, zoned M-2 with frontage on Levering Street and rear access via Levering Alley. The site sits in an established industrial pocket — flanked by existing warehouse and flex buildings — with quick access to I-65, the University of Louisville, Churchill Downs, and the Riverport Industrial Park. The property is offered as a land sale, priced independent of any specific building program, so a buyer can bring their own use and design. At the same time, a complete, DRC-approved civil engineering package already exists for a ±22,125 SF flex-space building on the site — see the Previously Planned Development section below. That work is available to the next owner as a shortcut, not a requirement, and ownership would also consider a build-to-suit-then-sell structure for a qualified user. The site is zoned M-2 (Industrial) under the Louisville Metro Land Development Code and sits within the Traditional Workplace Form District. M-2 is Louisville Metro's general industrial district and supports a broad range of uses by right — warehousing and distribution, manufacturing, contractor and trade shops, outdoor storage, and flex/showroom space among them, with some commercial accessory uses (financial institutions, convenience retail, vehicle service, restaurants) permitted subject to code standards. Buyers should confirm use eligibility for their specific operation with Louisville Metro Planning & Design Services. Call our team today @ 502-306-3635 for more information. Property Overview: Lot Size: 1.6277 AC / 70,902.60 SF Property Type: Land Sub-Type: Industrial Current Use: Vacant Frontage: Levering Street, 50' right-of-way (±496.86 LF per survey) Rear Access: Levering Alley, 20' right-of-way (±503.53 LF per survey) Zoning: M-2 Form District: Traditional Workplace Form District Utilities Available: All utilities shown stubbed to the site on approved utility plans Flood Notes: No portion of the site is within the FEMA 100-year floodplain (per FIRM Map No. 21111C0041F, effective 2/21/2021). A portion falls within the MSD-designated Combined Sewer Overflow flood-prone area (elevation 455.3') — standard for this part of Louisville and addressed in the approved drainage design. Buyers should review MSD's detention/discharge requirements as part of due diligence. Soil Conditions: Geotechnical study by Asher Engineering, Inc. (Nov. 5, 2024). ~4 ft. of old fill (silty clay, sandy soil, with some brick/crushed stone) over natural loose silty fine sand to 15 ft. depth. No bedrock or groundwater encountered in any of the 12 test borings. Old fill is workable for slab-on-grade construction with standard proof rolling/undercut where needed. Engineer recommended 2,000 psf net allowable bearing capacity for shallow foundations. Full report available in the due-diligence file.