Town Center Development 8.4ac Vacant Land
Vacant Land
for Sale
| Catylist Listing ID: |
30852641 |
| Property Subtypes: |
Multi-Family, Office, Retail, Retail-Pad
|
| Gross Land Area: |
8.40 Acres
|
| Sale Price: |
$1,295,000 |
| Unit Price: |
$154,166 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/15/2024 |
Overview / Comments
Sellersburg is about to grow! This area was developed with the idea of the new Town Center. In fact, the zoning is referred to as just that -TC or Town Center zoning. They already added the stoplight at Camp Run Parkway and Charlestown Rd. Next stoplight was announced in June 2023 (see attached link) and is going in at Poindexter and Hwy 60 which intersects with the new access road (American Way) to the Town Center. Many onlookers have realized there is a lot happening in the Sellersburg area that hasn't happened at this level in a very long time. Sure there are more apartments just like everywhere else but, there are more new restaurants, retailers, services and though you may not see it, there are pieces of land that have been purchased for future development. That brings me to this property. Seller will build to suit (to include apartments), office, retail and other approved uses especially those "permitted uses" that the leadership in the Town of Sellersburg see as major growth contributors. So ride by and take a look at what the future holds for the Town of Sellersburg and you! How can you help us grow? Call me and let me know - I can help! Seller will consider selling off the larger portion of the acreage and maintain the road frontage for future development.Total vacant land is 8.4ac.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Clark |
| Tax ID/APN: |
101710900023000031 |
| Zoning: |
TC- TOWN CENTER |
| Property Located Between: |
Camp Run Parkway and Hwy 60 intersection |
| Property Visibility: |
Excellent |
| Legal Description: |
GT 109; 8.4 Ac Split Fm 17-58-23 (99-00) |
| Largest Nearby Street: |
Hwy 311/Charlestown Rd |
| Highway Access: |
Immediate to I-65 which interconnects with I-265 taking you to all of the bridges connecting you to the East End, West End or Downtown Louisville in just at 5 minutes. |
| Airports: |
Louisville International, Clark County Regional Airports |
| Site Description: |
Newly developed road by the Town of Sellersburg which is Camp Run Parkway (at the stoplight by Wendys) that runs off of Charlestown Road near I-65. As you drive back Camp Run Parkway, it runs directly into the 8.4 acres of undeveloped land. The new street has been named American Way. The property address has not yet been assigned a new address as it use to be part of a Hwy 60 address. |
| Area Description: |
Sellersburg has taken awhile to take hold in the same way many surrounding areas have. However that seems to be changing under new leadership. There are plans in the works to make improvements of various roadways, they just relocated the police station near this same area and more restaurants, retail and apartments have popped up with more on the way. Come grow with Sellersburg. Contact the Town Manager and share your proposed project and let them help guide you through there process for review and approval consideration. |
| Zoning Description: |
Purpose. The Town Center District (“TC”) is intended to serve as a mixed-use district. It is designed to support a variety higher-density uses including retail, entertainment, restaurant, service, institutional, office, and residential uses while serving as a gateway to the community. |
| Part of Planned Development?: |
Yes |
| Development Name: |
Town Center |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,837 |
19,613 |
69,973 |
| Median Age: |
38.54 |
38.27 |
37.92 |
| Households: |
2,176 |
7,403 |
27,347 |
|
© 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.
|
