Catylist ID:
#30817342
Best corner lot remaining in NULU! Poised for Development
Vacant Land
for Sale
Also listed as Multi-Family, Hospitality
| Catylist Listing ID: | 30817342 |
| Property Subtypes: | Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other |
| Gross Land Area: | 1 Acre |
| Sale Price: | $5,700,000 |
| Unit Price: | $5,700,000 Per Acre |
| In Opportunity Zone? | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/22/2024 |
Overview / Comments
|
- PRICE REDUCED 1/17/24 - Structures recently demolished - 1 perfect square acre with test fits available upon request. - Ideal for hotel, mixed-use, hospitality, multi-family, etc. w/ 6-8 stories obtainable. - Directly across the street from the $78M Nulu Crossing development (under construction) - Well below per acre land comps. The highest is the 133 W market (.89 acres) that closed in JULY '22 for $8M. *$8.9M per acre Valuation for trade area dirt. - FLEXIBLE EZ-1 zoning in Opportunity Zone - See the site package for more information and call to discuss today! Contact Agent for more details! |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 019F00010000 |
| Zoning: | EZ-1 - Enterprise Zone District |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 10,197 | 129,997 | 312,253 |
| Median Age: | 33.82 | 36.14 | 37.36 |
| Households: | 4,768 | 58,550 | 135,896 |
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