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1447 Levering St
Louisville, KY 40208
Industrial Development Land in Old Louisville · Land For Sale
·
1.61 AC


Executive Summary
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.
Investment highlights
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.
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.
Investment highlights
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.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Industrial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 1.61 AC |
| Zoning | M2 - Industrial District | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 1.61 AC |
| Zoning | M2 - Industrial District |
1 Lot Available
Lot
| Price | $525,000 | Lot Size | 1.61 AC |
| Price Per AC | $326,086.96 |
| Price | $525,000 |
| Price Per AC | $326,086.96 |
| Lot Size | 1.61 AC |
Property Taxes
| Parcel Number | 031J01500000 | Improvements Assessment | $0 |
| Land Assessment | $164,110 | Total Assessment | $164,110 |
Property Taxes
Parcel Number
031J01500000
Land Assessment
$164,110
Improvements Assessment
$0
Total Assessment
$164,110
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