2.74ac Veterans Parkway @ 2209

Vacant Land for Sale
Catylist Listing ID: 30515294
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 2.74 Acres
Sale Price: $300,000 Per Acre
Total Price: $822,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2024

Overview / Comments

Price is Per Acre. The long awaited activity along Veterans Parkway on the Jeffersonville side of I-65 have finally ramped up. This site is at Woehrle Road where the stoplight is and is near plenty of residential households, schools, restaurants and shopping. Seller may consider subdivide with approved plan. Several new big boxes, new restaurants, service business and other retailers. Speedway Convenience Mart is now open, new and also now open is MCDonalds, Chipotle, 7 Brew Coffee and others. Approximate 12 acre parcel just sold and will have more new retail, restaurants and services. 2209 Veterans Parkway is Zoned C-1 and in the TIF District. Veterans Parkway continues to grow and draw the attention of more end users for retail, restaurants, various businesses and business services and there are new being built by Menards and more may be on the way on the South side of Veterans Parkway as well.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-21-03-400-161.000-009
Property Visibility: Excellent
Legal Description: Gt 34 2.743 Ac
Largest Nearby Street: Woehrle Road
Highway Access: Immediate to I-65 which takes you to I-265 linking directly to I-64 to the Sherman Minton Bridge (toward New Albany) and back to the East End Bridge (toward Jeffersonville).
Airports: Clark County Regional Airport, Louisville International Airport
Site Description: Property is next to and adjoins Centra Credit Union and the Eastside Christian Church. There is a home that also adjoins the property, but is not part of this parcel.
Area Description: Jeffersonville has experienced growth like never before and in so many different areas at once. The East End near I-265 and E 10th Street and River Ridge Commerce Center. Downtown with more restaurants, residential and retail. Veterans Parkway has experienced recent growth with more is on its way. This site lends itself to several options being zoned C-1 and in TIF District and it's ready to go and become your development site. To include Professional Offices per the UDO Article 12.
Zoning Description: Under the new City of Jeffersonville Unified Development Ordinance (UDO), the site is zoned "C1" (Small to Medium Scale General Commercial) The district is intended to provide a land use category for most small scale general business uses. The provisions that regulate this land use district should not overly restrict normal business practices. This district can be used adjacent to all other commercial districts and the "R3," "M1" and "M2" residential districts. (see attached C-1 definition) also is in the TIF District. Professional Offices are also "permitted" per the UDO see Article 12 page 232 for definitions of Professional Offices as many are listed.
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: 8,465 63,046 152,131
Median Age: 42.48 38.4 38.41
Households: 3,625 25,614 63,261


Photograph of Listing Agent

Michael A Kopp

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