Development Land for Sale

Special Purpose for Sale
Catylist Listing ID: 30868739
Property Subtypes: Assembly/Meeting Place
Building Size (RSF): 12,760 SF
Gross Building Area: See Agent
Sale Price: $1,900,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/9/2024

Overview / Comments

Although currently used as a church and parsonage, this property would be ideal for development of garden homes, townhomes, apartments, or other multi-family or single family development.

This is total of 29.25 acres.

There is currently a plan in place to renovate an eight mile stretch of the Mill Creek watershed, which is adjacent to this property.
This effort is being led by the division of KY Wildlife.
Here is a note from Cindi Fowler, the Metro Council member for this area:

"There is an eight mile renovation of the Mill Creek watershed being led by a division of KY Wildlife. They are responsible for the realignment and then the Mill Creek Water Way Group is responsible for raising funds for the amenities along the 8 mile stretch starting just north of Greenwood Road at Sylvania and going south to Watson Lane close to the juncture of Mill Creek to the Ohio River. The renovation/realignment is funded through a grant with KY Wildlife and if I am correct comes from Federal funds."

Read more here:
https://www.wildernesslouisville.org/initiatives/mill-creek-greenway/

The recent development in this area has been very successful with unit selling quickly.
The Woods of Farnsley Moorman Patio Homes, and Orell Station Subdivision are two great examples of development success!

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 105208480000
Zoning: R-4 - Residential Single Family District
Property Visibility: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,212 38,433 72,111
Median Age: 37.05 37.6 38.27
Households: 3,440 14,663 28,060
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