Catylist ID:
#30706107
1.09 AC in the Opportunity Zone | Near UofL
Vacant Land
for Sale
Also listed as Industrial, Retail-Commercial
| Catylist Listing ID: | 30706107 |
| Property Subtypes: | Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other |
| Building Status: | Proposed |
| Gross Land Area: | 1.09 Acres |
| Sale Price: | $350,000 |
| Unit Price: | $321,100 Per Acre |
| In Opportunity Zone? | Yes |
| Is Quick-Service Restaurant? | Yes |
| Has Drive-Thru? | Yes |
| Sale Terms: | Cash to Seller, Build-to-Suit, Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 2/23/2021 |
Overview / Comments
|
+ Located within the Opportunity Zone, providing significant tax advantages for qualified parties + 1 mile from the University of Louisville + Opportunity for build-to-suit lease for qualified tenants + 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 classification, allowing multiple uses with maximum density + Potential uses include: residential, storage/warehouse, restaurant, retail, office 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 |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Taxing Authority: | Louisville |
| Tax ID/APN: | 034A00030000; 034A00350000 |
| Zoning: | EZ-1 - Enterprise Zone District |
| Property Located Between: | S 7th St and S 9th St |
| Property Visibility: | Good |
| Largest Nearby Street: | W Hill St and S 7th St |
| Feet of Frontage: | 225 |
| Traffic/Vehicle Count: | 18,700 |
| Airports: | Louisville International Airport (SDF) |
| Lot Frontage: | 225' |
| Lot Depth: | 220' |
| Zoning Description: | EZ-1 |
| Topography: | Level |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
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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