Industrial Land Approved for Mini-Warehouse

Industrial for Sale
Catylist Listing ID: 30872367
Property Subtypes: Light Industrial, Self Storage, Other
Building Size (RSF): 7,800 SF
Gross Building Area: See Agent
Gross Land Area: 2.66 Acres
Sale Price: $1,270,000
Unit Price: $162.82 PSF
Office SF: 1,400 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/6/2024

Overview / Comments

This shovel-ready industrial site on Dixie Highway at E Orell Road, is less that a mile south of the Gene Snyder Freeway. The 2.66 acre site is basically level .
An approved development plan and binding elements are on file with the Seller.

There are 3 buildings on this site:

11905 consists of 2.18 acres of land Zoned CM (Commercial Manufacturing), Suburban Marketplace Corridor and approved for mini-warehouse . Additionally, there is a 7,800 square foot warehouse with concrete floor, metal sides and metal roof, built in 2022. It has 7 drive in doors (approximately 8 x 10), 200amp 1 Phase out door panel with 4 LED packs and High Bays. This warehouse is currently vacant.

11907 includes two building. Facing Dixie Highway is a house with 3 apartments. One unit has 2 bedrooms and the other two units are 1 bedroom. Two units are occupied and the tenants pay $650/month plus utilities.
11907 also includes a free standing building that was originally built as a 2 car garage. It was recently utilized as an office and includes a half bath. This building is currently vacant.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Louisville
Tax ID/APN: 105204570000, 105200580000
Zoning: CM - Commercial Manufacturing
Property Located Between: Flowervale Road and E. Orell Road
Highway Access: Dixie frontage
Site Description: Basically level and ready for development
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Property Condition: Average
Parking Type: Surface
Zoning Description: CM and C2
Part of Planned Development?: Yes
Lot Frontage: 307' (+/-)
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee simple

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,911 32,229 68,926
Median Age: 36.61 38.24 38.59
Households: 3,687 12,279 26,772


© Copyright 2024 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.