High Profile Corner Just Reduced

Vacant Land for Sale
Catylist Listing ID: 30162858
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 1.25 Acres
Sale Price: $2,900,000
Unit Price: $2,320,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/17/2020

Overview / Comments

Outstanding Signalized Location at the corner of Baxter and Broadway, the gateway into Downtown Louisville and the famous Highlands. This site is opposite the $50,000,000 Edwards Community Development of 240 Upscale Apartments and 30,000 sf of street level retail currently under construction and one block east of the $30,000,000 Highland Station Apartments scheduled to open this year.

Two lots make up this high profile location totaling approximately 1.25 acres of C2 Property.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 021K02000000
Zoning: C-2 - Commercial District
Property Located Between: Baxter & Broadway
Property Visibility: Excellent
Airports: Louisville International Airport
Site Description: Former Gas Station and Auto Service Center. NFA letters are attached for UST's. Very high profile location at a traffic signal. This is the first offering of a combined lot size of 1.245 Acres.
Area Description: Growing and Improving with more than $100,000,000.00 worth of private investments being made within 1 mile of this location.
Topography: Level
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: 15,965 126,800 314,252
Median Age: 34.54 36.81 37.46
Households: 8,165 58,188 137,437


Photograph of Listing Agent

Wallace R Fluhr

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