Catylist ID:
#30578159
South Hurstbourne Parkway at S. Watterson Trail SW Corner
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: | 30578159 |
| Property Subtypes: | Multi-Family, Office, Retail, Retail-Pad |
| Status: | Pending |
| Gross Land Area: | 1.60 - 16.90 Acres |
| Sale Price: | $300,000 - 375,000 Per Acre |
| Land Splits Available: | Yes |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 11/8/2023 |
Overview / Comments
|
Star Hill South is the 16.9 acres located at the SW hard corner of Hurstbourne and S. Watterson Trail and it is the only opportunity to purchase a hard, level corner on Hurstbourne Parkway in the booming Fern Creek trade area. Star Hill South is a 16.9 acre development located at the SW quadrant of S. Hurstbourne Parkway and S. Watterson Trail. The two adjacent properties are also listed ( 5926 S WATTERSON TRL and 5910 S WATTERSON TRL) and together it totals almost 25 contiguous acres. The property is midway between I-64 and I-65 with frontage and full access to Hurstbourne Parkway, a county arterial. Close to Mercy Academy, GE/Haier Appliance Park, UPS, Willow Green apartments and surrounded by dense and affluent residential. The site has exposure to high traffic with an ADT over 22,000 cars per day. The site has more than 2,000 feet of frontage on Hurstbourne Parkway with multiple curb and median cuts to provide excellent access. Star Hill South is currently zoned R-4 and the seller is rezoning the property to C-1 and R-6. See the attached detailed district development plan that corresponds to pricing, land size and pending rezoning. The property can be combined with listed properties located at 5910 and 5926 S. Watterson Trail for up to 25 acres. |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 062801550000, 062801590000, 062801390000 |
| Zoning: | C-1 - Commercial District |
| Property Located Between: | Bardstown Road and Fegenbush Lane |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Hurstbourne Parkway |
| Feet of Frontage: | 2,000 |
| Traffic/Vehicle Count: | 22,000 |
| Zoning Description: | R4 |
| Development Name: | Star Hill South |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,079 | 101,737 | 239,816 |
| Median Age: | 35.5 | 38.16 | 38.46 |
| Households: | 3,679 | 41,429 | 99,068 |
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