Aiken Road - Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30574734
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 24.59 Acres
Sale Price: $875,000
Unit Price: $35,583 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/11/2021

Overview / Comments

Available is 24.59± acres visible from Interstate 265 in the prominent Middletown area. There is an easement through the adjacent property to allow direct access to Aiken Road. Approximately half of the total site is useable for development. The property is zoned R-4 and abuts to the Lake Forest subdivision. It is located in a dense residential area with Average Household Incomes exceeding $178,000 in a one-mile radius. Major retailers in the area include Walmart, Target, Hobby Lobby, Kroger, and Academy Sports. The site is located midway between Exit 27 (Shelbyville Road) and Exit 29 (Old Henry Road). The site features prominent visibility from I-265. This site would be ideal for residential use, a sports complex, senior living, flex space, office, landscape/nursery, and many other uses.

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Zoning: R-4 - Residential Single Family District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,366 38,133 122,102
Median Age: 43.19 42.03 40.29
Households: 2,785 15,044 49,864


Photograph of Listing Agent

Justin R Phelps

Hogan Real Estate KCREA Member
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