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.

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Carroll
Submarket Type: Other
Tax ID/APN: 23-97A-03
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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,231 8,087
Median Age: 37 37.18
Households: 2,710 3,047
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