Prime Location 26.65 Acres

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30716523
Property Subtypes: Agricultural, Industrial, Multi-Family, Office, Other
Status: Pending
Gross Land Area: 26.65 Acres
Sale Price: $2,132,000
Unit Price: $80,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/10/2023

Overview / Comments

Prime Location! 26.65 +/- Acres. Multiple Use property with frontage on Bi-Pass (Freedom's Way) with high visibility and traffic. Backs up to and is near several residential properties. Existing rail spur - RJ Corman line. Great options for several different businesses, Industrial, multi-family apartments, store fronts etc. There is a proposed plat that divides property into 7 lots ranging from 1 acre to 7 acres. Utilities are available. New blacktop entrance has been completed.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Shelby
Tax ID/APN: 040-00-012E
Zoning: I-1 - Industrial - Light
Property Located Between: Frankfort and Louisville
Property Visibility: Excellent
Largest Nearby Street: Freedoms Way
Feet of Frontage: 1,946
Highway Access: Interstate 64
Rail Access: Yes
Site Description: Irregular, some wooded areas
Area Description: Located off Shelbyville Bi-Pass (Freedoms Way)
Lot Frontage: Approx 1946 ft.
Zoning Description: Property is zoned I1 - Light industrial
Topography: Other
Easements: Utilities, Other
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: 4,830 14,616 21,581
Median Age: 30.02 33.23 35.43
Households: 1,649 5,368 7,972

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