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: 11/22/2022

Overview / Comments

The long awaited activity along Veterans Parkway on the Jeffersonville side of I-65 have finally ramped up. Several new big boxes, new restaurants, service business and other retailers. Speedway Convenience Mart, who bought their land back in 2014 have finally broken ground and will soon be building their newest location. The A2O building just SOLD to a local Developer that has moved quickly to make it look nicer and is seeking tenants. Another parcel nearby is "pending" and a bank is suppose have a new retail center built with their bank on the end cap. The balance of the land is supposedly under contract. At 2209 veterans Parkway, you're at a stoplight intersection. Its Zoned C-1 and in the TIF District. As mentioned above, Veterans Parkway continues to grow and draw the attention of more and more end users for retail, restaurants, various businesses and business services, There could be some residential (multi-family) units coming to the area as well. At Woehrle Road and near plenty of residential households, schools, restaurants and shopping. Seller may consider subdivide with approved plan.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-21-03-400-161.000-009
Zoning: C1 SMALL TO MEDIUM SCALE GENERAL COMMERCIAL AND ALSO IN TIF DISTRICT
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 Mint plon 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.
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
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

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