Apartment Development Site Old Bardstown Rd

Vacant Land for Sale
Catylist Listing ID: 30867528
Property Subtypes: Multi-Family
Gross Land Area: 9.28 Acres
Sale Price: $2,812,000
Unit Price: $303,017 Per Acre
Sale Terms: Cash to Seller
Last Updated: 4/16/2024

Overview / Comments

Development opportunity for 152 apartment units:
24 - 1BR/1Ba approx. 900sf
100- 2BR/2Ba approx. 1,100 sf
28 - 3BR/2Ba approx. 1,200 sf

Multi-family zoned land, WITH DEVELOPMENT PLAN APPROVAL , located at the NW quadrant of Old Bardstown and Thixton Lane in Eastern Jefferson County in a booming trade area. The subject property is comprised of two lots located less than four miles south of I-265 and the new Hy-Vee grocery store now under construction and Bates Elementary School. The property is less than one mile north of Broad Run Park, the southern portion of the 4,000 acre Parklands of Floyds Fork. The property is just north of the popular Bootleg BBQ.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 066600310000
Zoning: R-6 - Residential Multi-Family District
Property Located Between: Windcrest Farms Ln and Thixton Ln
Property Visibility: Excellent
Legal Description: 066600620000 and 066600310000
Largest Nearby Street: Old Bardstown Road
Feet of Frontage: 642
Site Description: basically level, rectangular in shape
Area Description: Rapidly growing commercial and residential corridor
Lot Frontage: 642
Zoning Description: R-6 Multi Family, Plan Certain
Topography: Level
Easements: Utilities
Sewer Type: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,115 23,968 101,352
Median Age: 41.63 39.96 38.26
Households: 785 9,587 39,441

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