Location Location! 5.8 acres

Retail-Commercial for Sale
Catylist Listing ID: 30413797
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Garden Center, Movie Theatre, Parking Facility, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 2,000 SF
Gross Building Area: See Agent
Gross Land Area: 5.83 Acres
Sale Price: $485,000
Unit Price: $242.50 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: former D&M Transmission
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/26/2021

Overview / Comments

Hard to find parcel in the city almost 6 acres of flat ground. Great opportunity in close proximity to I-65 and tyhe Gene Snyder Freeway with this C-2 property. This large open tract of land sits on HIGHLY traveled intersection of Outer Loop and New Cut Road with tremendous visibility from all directions. There is new warehouse\commercial development all around this highly visible parcel with UPS going into a nearby space bringing in as many as 500 workers to the area. In addition to the approval of two new subdivisions close by. There is a proposed traffic signal at Brown Austin and New Cut as well. Ideal business uses for this property and traffic count would be a WAREHOUSE, Logistics center, Trucking company, big box Retail development, Automobile Sales Lot, Storage which could include mini storage units and boat and RV storage, Car Wash, Auto Repair shop and much, much more. Easy access, 30 seconds to the property from I-265 Gene Snyder Freeway and close proximity to I-65 make this last undeveloped property in the intersection of the Outer Loop and New Cut Rd very attractive. Up to 5.83 Acres of C-2 Land
540' of frontage on New Cut Road and 253' of frontage along Brown Austin Road, buyer to have lot size measured and verified for exact measurements. Property shows its in the flood zone but do your homework on this. Most of this part of the city is in a flood zone. This parcel has not had any flooding since the Gene Snyder was built in the 1980's.
Excellent visibility and accessibility
Corner of major intersection of Outer Loop & New Cut Road
Just north of I-265 (Gene Snyder Freeway)
High traffic counts of nearly 20,000 ADT
Located in high growth corridor with many active commercial developments
2,874 Service Garage at 6013 New Cut Road was the former D&M Transmission
2,606 Structure at 6015 New Cut Road was a former tavern with living quarters

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 105011140000
Zoning: C-2 - Commercial District
Retail Clientele: Business
Property Located Between: Outer Loop and Brown Austin Rd on New Cut Rd
Property Visibility: Excellent
Largest Nearby Street: Outer Loop
Highway Access: I-265
Airports: Louisville International
Site Description: Flat
Area Description: close to UPS, airport and Worldport
Total Number of Buildings: 2
In Flood Plain?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,953 46,734 167,464
Median Age: 34.17 37.48 37.16
Households: 3,851 18,549 67,457

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