For Sale or Lease - High Traffic Location off of I-65

Vacant Land for Sale
Catylist Listing ID: 30050114
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1.42 Acres
Sale Price: $329,000
Unit Price: $231,690 Per Acre
Sale Terms: Cash to Seller, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 3/3/2019

Overview / Comments

For Sale or Lease - Prime location on HWY 311, the main thoroughfare in growing Sellersburg, less than a mile from I-65 and Hwy 60. It is next to a signalized corner and sits beside retail strip w/ grocery anchor. Other strip centers, pharmacy, assisted living facility, medical center and restaurants, all located within a 1/2 mile of property. Traffic is bumper to bumper in front of property during rush hours. 1.42AC. Survey completed in 2017. Older homes located on propertynon each side of property are of little to no value. Can build to suit and possible JV.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Taxing Authority: Town of Sellersburg
Tax ID/APN: 10-17-10-800-424.000-031
Zoning: B-1
Property Located Between: 1-65 and Hwy 60
Property Visibility: Excellent
Legal Description: GT 108 Lot 13 & PT of 34, Hamburg GT 108 PT lot 34 Lots 11-12 Lots 7-9-33, Hamburg PT lots 3-5-32
Largest Nearby Street: I-65
Feet of Frontage: 320
Traffic/Vehicle Count: 23,000
Highway Access: I-65 to Exit 4 and turn west. Propertyy is les than a mile on the right, right after stop light. Property has 2 accesses to I-65
Airports: Louisville International, Clark Regional
Site Description: Two homes on property. One was being used as a business. Both homes in fair to poor condition. One home is leased on a month to month.
Lot Frontage: 320
Lot Depth: 178
Zoning Description: B-1
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,440 24,709 82,400
Median Age: 35.23 37.77 38.35
Households: 985 9,184 32,784
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