LAND WITH CONCRETE PAD / PARKING / DEVELOPMENT

Vacant Land for Sale
Catylist Listing ID: 30822508
Property Subtypes: Industrial, Multi-Family
Gross Land Area: 0.83 Acres
Sale Price: $400,000
Unit Price: $481,927 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/29/2024

Overview / Comments

Zoning: Because this property is zoned EZ-1, it is available for multiple development uses. In its current state it would be ideal for parking trucks, truck terminal etc.
Per the regs, EZ-1 zoning allows all uses permitted in the C-2 Commercial and M-3 Industrial zones, with some exceptions.

Acreage: The property is 0.825 acres comprised of 2 contiguous parcels:
046A00200000 - 0.4442 acres
046A00210000 - 0.3808 acres

Land: The land is flat and for the most part paved with concrete.

Entry: Entry to the property is via one of 2 gates: one at the north end and one at the south of the property's west side.

Fences: The property is fenced on 3 sides; just the east side bordering the railway line is unfenced.

Railway Spur: The property's eastern border is a railway track running N-S; there are railway tracks on the property and evidence that there was once an adjoining spur. From a conversation with the railways, it appears that the rail spur could be used if needed. Buyer to verify.

Area Development: This property is in the path of progress Hundreds of millions of dollars in recent development are close by.

Highway Access: As you will see from the photos, the property is just minutes to multiple interstates.

This listing can be bought together with its contiguous neighbor at 3044 West Broadway, a 10,418 sq ft concrete warehouse, listing number 30722856, locoted on a 0.93 lot. If purchased together the total acreage would be 1.76 acres.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 046A00200000
Zoning: EZ-1 - Enterprise Zone District
Property Located Between: 29th and 31st Streets, off W Broadway Avenue.
Largest Nearby Street: West Broadway
Topography: Level

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,608 110,066 246,060
Median Age: 34.5 35.24 36.47
Households: 8,748 45,329 104,538

Contact

Photograph of Listing Agent

Neil Blumberg

Metro 1 KCREA Member
© 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.