Residential Development Land La Grange Oldham County

Vacant Land for Sale
Catylist Listing ID: 30849293
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 13 - 104.55 Acres
Sale Price: $13,560 - 263,880 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/17/2024

Overview / Comments

Development Opportunity for sale. 104 acre farm located just north of downtown affluent LaGrange KY in Oldham County with frontage and access on Highway 53. Development potential for multi-family, townhomes and single family lots. The property is minutes from downtown La Grange and will be served by the outstanding Oldham County School District. Located less than two miles north of I-71 and minutes from retail, employment, restaurants and services.

See the attached proposed development sketch by Sabak Wilson & Lingo Engineering that reflects mixed density residential development and potential development yield for a buyer.

The Master Plan reflects concept lots as follows:
Lot #1 Townhome Parcel containing 15.4 acres and 90 DU
Lot #2 Apartment Parcel containing 13.4 acres and 272 DU
Lot #3 Single Family R-2 parcel containing 25 acres and 45 Lots
Lot #4 Single Family AG parcel containing 29.5 acres and 16 large Lots
Lot #5 Single Family R-4 parcel containing 21 acres and 57 Lots

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Oldham
Tax ID/APN: 46-00-00-14
Zoning: R-2 - Residential District
Property Visibility: Excellent
Zoning Description: Property is currently zoned: R-2, AG-1 and CO-1
In Flood Plain?: Yes
Topography: Gently Sloping

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,926 17,031 25,825
Median Age: 32.28 36.95 38.89
Households: 1,875 4,783 7,848
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