916 Eastern Blvd.
Vacant Land
for Sale
| Catylist Listing ID: |
30845938 |
| Property Subtypes: |
Hospitality, Retail
|
| Gross Land Area: |
0.64 Acres
|
| Sale Price: |
$400,000 |
| Unit Price: |
$625,000 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/26/2023 |
Overview / Comments
|
916 Eastern Blvd. sits in a high traffic area with easy access to the surrounding Louisville MSA and largest retail road in Southern Indiana. The 0.64 acres of land benefits from Southern Indiana's major economic boom, the rising population and increasing jobs from the River Ridge Industrial Park and Ports of Jeffersonville. This site is an excellence opportunity for a standalone store or retail development as it offers great ingress and egress near I-64 and has the added benefit of being right off of Lewis and Clark Pkwy, and less than a half a mile from major retail anchor Kroger.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Clark |
| Tax ID/APN: |
101401800892000012 |
| Zoning: |
EBCZ |
| Property Visibility: |
Excellent |
| Site Description: |
This 0.634 acre parcel is located on Eastern Boulevard in the bustling city of Clarksville, Indiana. The site features one (1) 1,974 sf building, the former Clarksville Seafood Restaurant. The site is conveniently located near West Lewis and Clark Pkwy and I-64 to allow for easy access to major retail shopping and travel in and around the Louisville MSA and city of Clarksville. |
| Area Description: |
The City of Clarksville sits in Clark County within the Louisville MSA of 1.4 Million. To the east is Jeffersonville, the South downtown Louisville, to the west is New Albany. Clarksville host the major retail road for shopping in Southern Indiana, Lewis and Clark Pkwy. The parcel is less than 1 mile from the Green Tree Mall. Southern Indiana has experienced a major economic boom driven by rising population and increasing jobs from the River Ridge Industrial Park. |
| Zoning Description: |
EBCZ |
| Easements: |
Electric Lines |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,225 |
81,917 |
218,564 |
| Median Age: |
37.76 |
38.12 |
37.3 |
| Households: |
4,276 |
34,461 |
93,749 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
|
