25 acres in Opportunity Zone Near I-71 Ramp
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30855643 |
| Property Subtypes: |
Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
|
| Status: |
Pending/Contingent |
| Gross Land Area: |
25 Acres
|
| Sale Price: |
$1,500,000 |
| Unit Price: |
$60,000 Per Acre |
| In Opportunity Zone? |
Yes |
| Land Splits Available: |
Yes |
| Sale Terms: |
Cash to Seller, Owner Financing, Build-to-Suit |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/18/2024 |
Overview / Comments
This flat, high & dry acreage sits on a rail in a commercial-industrial area, less than 1 mile from Exit 44 on I-71. Approximately halfway between the Louisville Airport and the Cincinnati Airport, you or your client will be strategically situated less than 1 hour from 2 regional logistic hubs.
This land is in the Opportunity Zone, and it's also less than 2 miles from 2 different KU power substations – meaning abundant and cheap industrial power. Major steel manufacturing facilities operate less than 5 miles away, and both the Ohio and Kentucky rivers flow within a mile of the site.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Carroll |
| Submarket Type: |
Other |
| Tax ID/APN: |
23-97A-03 |
| Zoning: |
COMMERCIAL INDUSTRIAL |
| Property Located Between: |
Cincinnati, OH and Louisville, KY |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
391 |
| Rail Access: |
Yes |
| Airports: |
Cincinnati and Louisville |
| Site Description: |
Leveled, cleared & shovel ready. |
| Topography: |
Level |
| Easements: |
Ingress/Egress |
| Easements Description: |
Access easement from Floyd Dr is in place to the adjacent DRC manufacturing factory along the NE boundary. |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
7,231 |
8,087 |
| Median Age: |
37 |
37.18 |
| Households: |
2,710 |
3,047 |
|
© Copyright 2024 Moody's. All Rights Reserved.
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.
|
