Residential Development Land Opportunity
Vacant Land
for Sale
| Catylist Listing ID: |
30527998 |
| Property Subtypes: |
Mobile Home Park, Multi-Family, Residential (Single Family)
|
| Gross Land Area: |
25.35 Acres
|
| Sale Price: |
$1,520,000 |
| Unit Price: |
$59,960 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/11/2024 |
Overview / Comments
Cleared and gently sloping farm property ideal for subdivision development. Access off Cedar Creek with acreage on Independence School Road. Close to numerous new subdivisions: Cedar Brook, Heritage Creek, Creek View, Primrose Meadows. Tremendous residential development activity in the immediate vicinity and strong demand for new homes.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Tax ID/APN: |
008600180000 and 008600170000 |
| Zoning: |
R-4 - Residential Single Family District |
| Property Located Between: |
Bardstown Road and Preston Highway |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Cedar Creek Road |
| Site Description: |
Two parcel cleared land with one small pond and farmhouse. |
| Area Description: |
This is a booming trade area with numerous new subdivisions. Easy access to either Preston Highway to the west or Bardstown Road to the east. Less than two miles south of I-265. |
| Zoning Description: |
R-4 |
| Development Name: |
Lone Hickory |
| Topography: |
Gently Sloping |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,402 |
44,760 |
151,376 |
| Median Age: |
42.35 |
38.91 |
37.11 |
| Households: |
1,404 |
17,499 |
58,892 |
|
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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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