Eastern Jefferson County Development Land

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30729287
Property Subtypes: Residential (Single Family)
Status: Pending/Contingent
Gross Land Area: 93 Acres
Sale Price: $5,800,000
Unit Price: $62,365 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2023

Overview / Comments

Large parcel ideal for residential development located in Eastern Jefferson County just off Shelbyville Road. Close to Locust Creek, Arlington Meadows and Notting Hill subdivisions. The property is five miles east of I-265 via Shelbyville Road and close to Valhalla and Midland Trail golf courses, Long Run Park, Miles Park and Christian Academy. The property is just west of Shelby County and is six miles from Simpsonville, Cardinal Club golf course and the Outlet Shops of the Bluegrass. Easy access to I-64.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Spencer
Tax ID/APN: 003400230000
Zoning: OTHER
Property Visibility: Good
Largest Nearby Street: Shelbyville Road
Site Description: Blue Heaven Farm is 103 acre development opportunity that is comprised of six parcels with a primary tract that contains 90+ acres located just south of Shelbyville Road on Clark Station Road in Eastern Jefferson County. The site may yield up to 290 single family lots per a development study. The property is gently rolling and mostly cleared with access from both Hobbs Lane and Clark Station and has more than 3,200 lineal feet of frontage on Clark Station. The property is located near Locust Creek, Arlington Meadows and Notting Hill subdivisions.
Area Description: Minutes from Long Run Park, Valhalla golf course, Shoppes of the Bluegrass retail center Beautiful, mostly cleared farmland with great views Situated four miles northeast of the proposed new JCPS Middle School on Echo Trail and five miles east of Christian Academy Easy access to I-26 via Simpsonville KY Less than six miles east of Middletown with Target, Kroger, Walmart, Academy Sports, and numerous restaurants, retail and employment
Zoning Description: R-4 single family. Attached development plan shows a yeild of 290 single family 50' wide lots using balanced transfer. Plan is conceptual only.
Development Name: Blue Heaven
In Flood Plain?: Yes
Topography: Rolling
Easements Description: A cell tower is located at the SW corner of the site that the seller intends to retail. Cell tower has existing access easement across property that can be relocated.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,061 13,739 37,354
Median Age: 40.86 40.36 39.89
Households: 1,070 4,648 13,551
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