Restaurant / Retail lot next to new Holiday Inn

Vacant Land for Sale
Catylist Listing ID: 30410482
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Other
Gross Land Area: 1.10 Acres
Sale Price: $220,000
Unit Price: $200,000 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/30/2020

Overview / Comments

Commercial / Retail lots adjacent to newly constructed Holiday Inn Express near the I-71 & Hwy 53 interchange in LaGrange, KY. Road frontage on Commerce Parkway with I-71 visibility.

New I-71 Interchange to be constructed about 4,000 feet from property and new 125,000 SF Kroger Marketplace planned at other end of Commerce Parkway at the Buckner exit.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Oldham
Tax ID/APN: 47-00-00-29D
Zoning: C-3 - Commercial District
Highway Access: Easy access to I-71 with I-71 visibility and 15 minutes from I-265 and Lewis & Clark East End Bridge.
Site Description: Level site with access from Commerce Parkway.
Area Description: Property is located in the Eastern edge of Louisville's MSA just 15 minutes from I-265 and the Lewis & Clark East End bridge. Oldham County's population is projected to grow 71% through 2040 and is home to award winning schools.
Lot Frontage: 290
Zoning Description: C-3 Commercial Zoning allowing for many commercial / retail uses. See attached zoning information.
Topography: Level
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: 1,028 19,186 28,960
Median Age: 34.84 37.5 39.52
Households: 416 5,469 8,889

Contact

Photograph of Listing Agent

Brian Puryear

PDG Realty KCREA Member
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