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: 18.20 Acres
Sale Price: $650,000
Unit Price: $35,714 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/7/2021

Overview / Comments

Cleared and gently sloping farm property ideal for subdivision development. Access off Cedar Creek with frontage 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

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,861 44,760 151,376
Median Age: 45.79 38.91 37.11
Households: 725 17,499 58,892

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