Residential Development Opportunity in Jeffersonville, IN

Vacant Land for Sale
Catylist Listing ID: 30183601
Property Subtypes: Residential (Single Family)
Gross Land Area: 0.15 Acres
Sale Price: $12,500 - 99,000
Unit Price: $83,333 - 660,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/6/2018

Overview / Comments

Opportunity to develop 4 duplex patio home lots in high growth Jeffersonville, IN near Reeds Lane and 10th Street. Centrally located, these 4 parcels can be purchased together for $99,000 or separately as needed. Great opportunity to fulfill high demand in Jeffersonville which is expected to grow in population by 25% over the next 5 years due to River Ridge and the newly constructed East End Bridge connecting Kentucky and Indiana. Lots offer privacy and attractive resale values to end users. All utilities are to each site.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-19-01-001-053.000-010
Zoning: RESIDENTIAL SINGLE FAMILY
Property Located Between: Reeds Lane & 10th Street
Property Visibility: Good
Largest Nearby Street: 10th Street
Highway Access: I-265
Airports: Louisville International Airport
Site Description: End of a cul-de-sac in a newly developed neighborhood.
Topography: Level
Easements: Utilities
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: 10,868 69,531 211,494
Median Age: 38.25 38.72 37.89
Households: 4,601 29,744 91,559

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