+/-1.66 AC Retail Outparcel
Vacant Land
for Sale
| Catylist Listing ID: |
30298152 |
| Property Subtypes: |
Retail
|
| Gross Land Area: |
1.66 Acres
|
| Sale Price: |
$575,000 |
| Unit Price: |
$346,385 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/12/2019 |
Overview / Comments
|
+/-1.66 usable acres for sale or ground lease in Prestonsburg, Kentucky. The Food City anchored center outparcel is located between Prestonsburg High School and Big Sandy Community and Technical School. Area retailers and restaurants include Pizza Hut, AT&T, McDonald's, Rite Aid, Taco Bell, Wendy's, KFC, Dairy Queen, Highlands Hometown Clinic and more. This property is located within an Opportunity Zone. A Kentucky Opportunity Zone is a low income U.S. Census tract that encourages individuals and corporations to invest in a variety of economic development projects through "Opportunity Funds". To learn more visit http://www.thinkkentucky.com/OZ/.
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Additional Details
| Nearest MSA: |
Huntington-Ashland |
| County: |
Floyd |
| Tax ID/APN: |
045-20-01-004.00 |
| Zoning: |
COMMERCIAL |
| Area Description: |
The outparcel is located at the corner of University Drive and West Porter Street in Prestonsburg, Kentucky, known as the Star City of Eastern Kentucky. Prestonsburg is located in the foothills of the Appalachian Mountains in Floyd County. The area is home to Jenny Wiley State Resort Park, Jenny Wiley Theatre, a Planetarium and the Mountain Arts Center. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
779 |
5,890 |
13,276 |
| Median Age: |
50.35 |
42.37 |
40.58 |
| Households: |
376 |
2,548 |
5,468 |
|
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