Catylist ID:
#30871750
Louisville Regional Airport Authority Land / Heritage Creek Phase 3
Vacant Land
for Sale
| Catylist Listing ID: | 30871750 |
| Property Subtypes: | Residential (Single Family) |
| Gross Land Area: | 52 Acres |
| Sale Price: | $3,100,000 |
| Unit Price: | $59,615 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/24/2024 |
Overview / Comments
|
The Louisville Regional Airport Authority has retained the Broker services of SVN Menish Commercial Real Estate to sell 52 acres of R-4 zoned land for development in Heritage Creek, Louisville, Kentucky. This property, located at Justice Way, Louisville, KY 40229, presents a prime opportunity for land and residential investors. Zoned R4, this parcel of land offers potential for various development opportunities. Situated in the sought-after Heritage Creek area, this property benefits from a desirable location. With its strategic positioning and zoning, it offers an ideal canvas for a range of potential projects. This investment opportunity is primed for those seeking to capitalize on the thriving residential market in the area. This parcel is considered Phase 3 of a relocation plan executed by the LRAA. Phase 1 and 2 and extremely nice single family homes with manicured lawns, and a community that does so much together including Easter egg hunts, picnics, festivals and more. In addition to Phase 1 & 2, Fischer Homes is developing nearly 45 acres of land, also purchased from the LRAA. Those are brand new homes, with fantastic floor plans, advertised as selling from the $290,000 to $360,000 plus. Utilities are available along the West side of the property. |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 008602130000, 008602080000 |
| Zoning: | R-4 - Residential Single Family District |
| Property Located Between: | Justice Way at Reality Trail |
| Property Visibility: | Good |
| Largest Nearby Street: | Justice Way |
| Airports: | Louisville Muhammad Ali International Airport |
| Site Description: | 52 Acres of R4 Land with all utilities avialable. |
| Area Description: | 52 Acres of R-4 Land, ready for single family development. Drive to the end of Justice Way, just past Reality Trail to find the entrance to the property. |
| Zoning Description: | R-4 Residential Single Family District |
| Topography: | Rolling |
| Available Utilities: | Electric, Water, Gas, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,861 | 43,316 | 134,557 |
| Median Age: | 45.79 | 38.45 | 37.66 |
| Households: | 725 | 16,686 | 52,363 |
Contact
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