Catylist ID:
#30810701
I-65 Horse Cave Development
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30810701 |
| Property Subtypes: | Hospitality, Retail |
| Status: | Pending/Contingent |
| Gross Land Area: | 14.31 Acres |
| Sale Price: | $2,750,000 |
| Unit Price: | $192,173 Per Acre |
| In Opportunity Zone? | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/23/2024 |
Overview / Comments
|
Prime Development Opportunity with Exceptional Interstate Visibility in Horse Cave, KY Strategic Growth Corridor: Positioned along Interstate 65 in the burgeoning Horse Cave, KY, this parcel offers a remarkable development opportunity set to capitalize on significant regional growth. The area is projected to experience exponential expansion over the next 5 to 10 years. Industry Catalyst: This site benefits immensely from the nearby mega-development by Ford Motor Company and SK Global in Glendale, KY. Anticipated spin-offs from this massive project are expected to attract over 100,000 people to Hardin County and create a domino effect of employment, estimated at 7 to 11 job spin-offs per each of the 5,000 jobs generated by Ford and SK Global. Flexible Terms and Development Options: The seller is open to considering a potential subdivision of the property, contingent upon end-user needs and contract negotiations. Both seller and agent are committed to assisting with the necessary planning and engineering endeavors required to successfully subdivide and develop the property. Investment Summary: Don't miss this unparalleled opportunity to invest in a strategically located parcel, poised for considerable value appreciation due to imminent area growth and major industrial development. |
Attachments & Media
Additional Details
| Nearest MSA: | Elizabethtown-Fort Knox |
| County: | Hart |
| Tax ID/APN: | 046-00-00-079.00 |
| Zoning: | COMMERCIAL |
| Property Located Between: | Cave City, KY and Munfordville, KY along Interstate 65. |
| Property Visibility: | Excellent |
| Highway Access: | Direct access and visibility from I-65. |
| Airports: | Louisville International Airport / Nashville International Airport |
| Site Description: | Ideally situated on I-65 with level terrain, plenty of road frontage on Flint Ridge Road and easy access from the interstate. Holiday Inn Express is nestled into the corner of this development opportunity bringing immediate synergy to any new development. |
| Area Description: | Growing interstate commerce area. Love's Truck Stop across I-65 is full daily. Very few development opportunities on I-65 with this direct visibility and access. |
| Zoning Description: | Hart County, Kentucky does not have planning/zoning ordinance. |
| Topography: | Level |
| Easements: | Ingress/Egress |
| Available Utilities: | Electric, Water, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 3,438 | 8,052 |
| Median Age: | 41.17 | 42.08 |
| Households: | 1,381 | 3,348 |
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