25.5 Acres Land Available in Louisville / Cherokee Park

Vacant Land for Sale
Catylist Listing ID: 30705160
Property Subtypes: Hospitality, Multi-Family, Other
Gross Land Area: 25.50 Acres
Sale Price: $9,200,000
Unit Price: $360,784 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/26/2021

Overview / Comments

Unprecedented land offering at Cherokee Park, developers take note! This is approximately 25.5 acres of prime land adjacent to Cherokee Park and located just off Alta Vista Rd, suited for residential or other campus type development! The land is currently zoned single family residential and a preliminary subdivision layout has been drawn and cleared re-zoning to demonstrate
the possibilities for a gorgeous and harmonious development. The proposed 78 lot development offers lots between 6250 SF to 15000 SF, and includes streets and cul-de-sacs. Many lots have walk
out potential and amazing views of Cherokee Park.
Call listing agent for details and site visit appointments.
*This land is a part offering of 1044 Alta Vista Rd, includes the lots listed above and other parcels; complete survey will be done. Currently 6 buildings are on the site that can be removed.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 074C00070000
Zoning: R-5 - Residential Single Family District
Available Utilities: Electric, Water, Sewer

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,779 118,455 299,462
Median Age: 40.81 40.08 38.43
Households: 5,898 56,416 134,372
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.