Development Site on I-265

Vacant Land for Sale
Catylist Listing ID: 30675703
Property Subtypes: Industrial, Multi-Family, Residential (Single Family)
Gross Land Area: 29.12 Acres
Sale Price: $450,000
Unit Price: $15,453 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/7/2021

Overview / Comments

Wooded development tract located in the northeast quadrant of the intersection of I-265 and Stonestreet Road.

The parcel is zoned M-3 Industrial.

The site may be ideally suited for a single family residential neighborhood or a multifamily residential development.

This property is currently not served by sewers, but they are located nearby and would need to be extended to the site.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Jefferson County PVA
Tax ID/APN: 1048-0065-0000
Zoning: M-3 - Industrial District
Property Located Between: Pond Station Road and I-265
Property Visibility: Good
Legal Description: 29.12 Acres comprised of three parcels. 10401 Stonestreet Road - Block: 1048 Lot:0065 10403 Stonestreet Road - Block: 1048 Lot:0097 10307 Stonestreet Road - Block:1048 Lot 0098
Largest Nearby Street: I-265
Feet of Frontage: 511
Highway Access: Easy access to I-265
Lot Frontage: 511
Lot Depth: 1020
Zoning Description: M-3 Industrial. The owner would sell the property contingent upon obtaining rezoning for the purchaser's intended use.
Topography: Hilly
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,675 52,651 125,292
Median Age: 45.63 38.28 37.67
Households: 999 20,526 49,228

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