Gagel Farm

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30178916
Property Subtypes: Agricultural, Multi-Family, Residential (Single Family), Self Storage
Status: Pending/Contingent
Gross Land Area: 10 Acres
Sale Price: $1,750,000
Unit Price: $175,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2022

Overview / Comments

This 150 year old farm is being offered for sale for the first time. It has a large single family home/office, multi-car garage, large barn, approximately 97,000 sf of greenhouses. Each of the greenhouses are serviced with electric, gas and water. There are 3 separate growing fields with well water irrigation. A backup generator provides an alternative power source for the entire farm during emergencies. The Gagel Farm could be re-opened as a producing farm for a variety of cash crops or it is a large flat virtually ready to build lot in the midst of a densely populated area of the Southend of Louisville. Ideal uses could be Self Storage, Multi-family, dense residential or Assisted Living. Owner is willing and prepared to allow purchaser time to re-zone for their intended use.

Owner has stated bring all offers.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 102504400000
Zoning: R-4 - Residential Single Family District
Property Located Between: Dixie Highway and Terry Rd.
Property Visibility: Excellent
Site Description: Large Flat Farm land with outstanding visibility and accessibility. Sewers onsite and available on multiple sides.
Lot Frontage: 535'
Zoning Description: One acre is zoned C1 and the balance is zoned R4
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,386 74,455 174,512
Median Age: 39.45 38.81 37.41
Households: 5,298 30,028 70,055


Photograph of Listing Agent

Wallace R Fluhr

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