Catylist ID:
#30851324
| Catylist Listing ID: | 30851324 |
| Property Subtypes: | Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Vacation/Resort |
| Gross Land Area: | 4.61 Acres |
| Sale Price: | $1,500,000 |
| Unit Price: | $325,379 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/29/2024 |
Overview / Comments
|
4.61 acre lot along Bardstown's high traffic E. John Rowan Blvd with Light Industrial Park (LIP) zoning. 18,000 vehicles per day. Known as Revised Lot 9 of the Marvin Downs Division. Zoning allows for numerous commercial and light industrial uses. Located along E. John Rowan Blvd and 1 mile from the Bluegrass Parkway. This is one of Bardstown's primary growth corridors. The nearby Walmart has 2 million annual visits and Lowe's has 555K annual visits according to Placer.ai. There are numerous national restaurants and retailers, the Lux Row Distillery, the Bardstown Bourbon Company, and the Bardstown-Nelson County Industrial Park, which is home to several large manufacturers. Property is located next to a new La Quinta Inn & Suites. It also is adjacent to Kentucky Owl Park, a master planned bourbon distillery and tourism destination planned by international spirits company Stoli Group (see attached PDF Business First article). Subdivision record plat shows that a curb cut from E. John Rowan Blvd (Hwy 245) is allowed directly into the subject property. |
Attachments & Media
Additional Details
| Nearest MSA: | Bardstown |
| County: | Nelson |
| Tax ID/APN: | 55000-00-028.08 |
| Zoning: | LIP |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 3,716 | 12,972 | 19,029 |
| Median Age: | 33.28 | 35.61 | 35.61 |
| Households: | 1,445 | 5,224 | 7,538 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions. |
