EZ-1 zoning opportunity approved for multi-family

Vacant Land for Sale
Catylist Listing ID: 30860997
Property Subtypes: Hospitality, Industrial, Multi-Family, Retail-Pad, Self Storage
Gross Land Area: 1.35 Acres
Sale Price: $799,000
Unit Price: $591,851 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/28/2024

Overview / Comments

Great development opportunity awaits on this opportunity zone vacant lot.
The EZ-1 zoning also allows M-1 and C-2 making the possibilities limitless.
This property is minutes to Downtown Louisville, the new Louisville Urban League Sports and Learning Center and so much more.
Sitting on the corner of Main Street and 18th Street, this property has excellent exposure and would be a great location for a multi-family development or your commercial project.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 003M01050000
Zoning: EZ-1 - Enterprise Zone District
Property Visibility: Excellent
Largest Nearby Street: Main Street
Site Description: flat corner lot
Zoning Description: EZ-1 M-1 C-2
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,126 131,859 273,246
Median Age: 31.36 35.02 36.55
Households: 6,860 55,760 117,891
© 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.