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.
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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. |
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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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.
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