Gateway Crossing - Commercial Lot Available

Vacant Land for Sale
Catylist Listing ID: 30843648
Property Subtypes: Office, Retail, Retail-Pad, Other
Building Status: Proposed
Gross Land Area: 2.89 Acres
Sale Price: $1,075,000
Unit Price: $371,972 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 6/24/2024

Overview / Comments

Premier Commercial Lot on Dixie Hwy: Immediate Development Opportunity

Nestled in the heart of a thriving retail corridor on Dixie Hwy, this fully pad-ready Lot 3 offers a seamless blend of utility and premium location. Infrastructure is top-notch with complete utilities, advanced curb and gutter roads, and established off-site storm water mechanisms.

Situated just north of the over-performing Walmart Neighborhood Market, this lot stands in a commercial epicenter surrounded by heavyweights like McDonald's, Five Star Food Mart, and renowned hotel brands. Additionally, the nearby Boundary Oak Distillery, part of the illustrious Kentucky Bourbon Trail's Craft Tour, attracts close to a million visitors annually. A golden opportunity for discerning developers aiming for high returns in a dynamic commercial environment.

Site Features:
Turnkey Development: Fully pad-ready lot equipped with all essential utilities.

Infrastructure: State-of-the-art curb and gutter roads; pre-established off-site storm water detention and drainage connection points at right-of-ways.

Location: Strategically positioned just north of Walmart Neighborhood Market, an establishment consistently surpassing its sales targets by 20-25%.

Commercial Insights:
Robust Commercial Frontage: This lot benefits from direct visibility on Dixie Hwy amidst a bustling retail corridor.

Diverse Mix of Anchors: Surrounded by a blend of retailers and hospitality providers including Walmart Neighborhood Market, McDonald's, Five Star Food Mart, a trio of hotel brands - Holiday Inn Express, Candlewood Inn Suites, and Hampton Inn, as well as dining options like Huddle House and Colton's Steakhouse.

Tourist Attraction: An added advantage is its proximity to the Boundary Oak Distillery, a prominent fixture on the Kentucky Bourbon Trail's Craft Tour, drawing close to a million enthusiasts annually.

Property is labeled Lot 3 in the photos.

Attachments & Media

Additional Details

Nearest MSA: Elizabethtown-Fort Knox
County: Hardin
Tax ID/APN: 179-00-00-002
Property Located Between: Hwy 31W to Gateway Crossings Blvd, just north of Hwy 313 (Joe Prather Hwy). Property will be on the left across from Walmart Neighborhood Market.
Property Visibility: Excellent
Largest Nearby Street: Dixie Highway
Traffic/Vehicle Count: 25,000
Highway Access: US Hwy 31W (Dixie Hwy)
Area Description: We have retail tenant possibilities if you have a developer looking to build a shadow-center next to Walmart Neighborhood Market.
Zoning Description: Commercial
Topography: Level
Soil Type: Clay
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,411 24,144 42,662
Median Age: 29.86 34.26 36.32
Households: 1,714 9,402 16,575


Photograph of Listing Agent

Jeffrey M Farmer

EXP Realty LLC KCREA Member
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