Commercial C-2 Land Outer Loop & New Cut Road - Up to 4.78 Acres

Vacant Land for Sale
Catylist Listing ID: 30326922
Property Subtypes: Hospitality, Mobile Home Park, Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 4.78 Acres
Sale Price: $459,000
Unit Price: $96,025 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/28/2018

Overview / Comments

Extremely visible, high-traffic commercial development site available on the corner of New Cut Road and Outer Loop. 4.78 acres of C-2 available for sale with 540 Feet of frontage on New Cut Road. Site runs parallel to Outer Loop and sits directly across from Wendys, Shell Gasoline and Big O Tires. Diagonally situated occupants across Outer Loop include Walmart Super Center, Norton Community Medical Associates, and Marathon Gas as well as Sun Tan City occupy the northeast corner. Attractive Traffic Counts of 19,991 ADT in this highly visible location, situated just north of the highly utilized Gene Snyder Freeway (I-265). All utilities available at the site.

This opportunity would be ideal for an automotive or contractor's use. There has been a tremendous growth in manufacturing, industrial and self storage development in this corridor. Additionally, there has been increased demand in multifamily development.

Addresses included:
6011 New Cut Road
6013 New Cut Road

-2,874 Service Garage built in 1956 sits on 6013 New Cut Road (originally utilized as a plumber service garage).

*Can add .88 Acres of C-2 land at 6015 New Cut Road (2,606 Structure originally utilized as a grocery store sits on this parcel) for $210,000 and 1.56 acres of C-1 Land directly south of this land at 8704 Brown Austin Road for $115,000

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 105011130000
Zoning: C-2 - Commercial District
Property Visibility: Excellent
Largest Nearby Street: Outer Loop
Feet of Frontage: 540
Traffic/Vehicle Count: 19,991
Highway Access: I-265, I-65
Airports: Louisville International Airport
Lot Frontage: 540
Lot Depth: 591
Zoning Description: Commercial Zoning District C-2
In Flood Plain?: Yes
Topography: Level
Easements: Ingress/Egress, Water Rights, Utilities
Soil Type: Mixed
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: 9,953 50,327 167,464
Median Age: 34.17 37.12 37.16
Households: 3,851 20,040 67,457


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