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: 7/16/2024

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.

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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,438 8,052
Median Age: 41.17 42.08
Households: 1,381 3,348

Contact

Photograph of Listing Agent

Jeffrey M Farmer

EXP Realty LLC KCREA Member
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