Development Land Near the University of Louisville

Vacant Land for Sale
Catylist Listing ID: 30777526
Property Subtypes: Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1.09 Acres
Sale Price: $299,000
Unit Price: $274,311 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2023

Overview / Comments

***Price Reduction! Now just $299,000***

Development Land Near the University of Louisville, Zoned EZ1, $299,000.
This property is located within the Opportunity Zone, providing significant tax advantages for qualified parties
The location is excellent, just one mile from the University of Louisville
This project will compliment the other recently proposed developments in the immediate vicinity, which include: Vintage South Development’s 32-acre mixed use development, consisting of nearly 1 million square feet of office, retail, apartments and hotel space and Louisville Metro’s/Re:Land Group’s $111 million redevelopment of the 17 acre Rhodia site in West Louisville
EZ-1 zoning allows multiple uses with maximum density
Potential uses include: residential, storage/warehouse, restaurant, retail, of?ce and medical
1.5 miles from the Central Business District, 2 miles from Brown-Forman and Churchill Downs
18,700 average daily traffic count
Flat site with multiple points of ingress and egress
Nearby walk to Central Park
5.5 miles from Louisville Muhammad Ali International Airport

Visit to learn more.

*1.09 Acres
* EZ-1 Zoning
* 1 Mile From UofL
* 18,700 Traffic Count

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 034A00030000
Zoning: EZ-1 - Enterprise Zone District
Property Located Between: Vacant lot in the Opportunity Zone, one mile from the University of Louisville on S. 7th Street.
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,912 153,735 302,680
Median Age: 33.54 35.38 36.81
Households: 9,558 65,284 129,875
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