Fern Valley Road Property
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: |
30793892 |
| Property Subtypes: |
Multi-Family, Office, Residential (Single Family)
|
| Status: |
Pending |
| Gross Land Area: |
4.97 Acres
|
| Sale Price: |
$375,000 |
| Unit Price: |
$75,452 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/31/2023 |
Overview / Comments
|
Three lot property on Fern Valley Road with excellent visibility to more than 28,000 cars. Situated between Fegenbush and Preston Highway and close to retail and employment centers. Ideal for redevelopment for workforce or senior housing. Sanitary sewers adjacent.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Taxing Authority: |
Louisville Jefferson County |
| Tax ID/APN: |
063303120000, 063302810000, 063300330000 |
| Zoning: |
R-4 - Residential Single Family District |
| Property Located Between: |
Preston Highway and Fegenbush Lane |
| Property Visibility: |
Excellent |
| Legal Description: |
See survey |
| Largest Nearby Street: |
Fern Valley |
| Feet of Frontage: |
500 |
| Traffic/Vehicle Count: |
28,000 |
| Site Description: |
Level and partially cleared three lot assemblage with two homes. Currently has box culvert over Blue Springs Ditch but possible to move access westward to avoid ditch crossing. Good frontage with depth for development. See survey. |
| Area Description: |
Booming strong trade area. close to distribution and employment centers. GE Appliance Park, Ford Assembly Plant and UPS and just north of Jefferson Mall. |
| Lot Frontage: |
500 |
| Lot Depth: |
741 |
| Zoning Description: |
Currently R-4 but surrounded by R-5. |
| Topography: |
Level |
| Easements: |
Utilities, Environmental |
| Easements Description: |
Existing sewer and drain easement on west property line. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,446 |
79,050 |
264,154 |
| Median Age: |
34.03 |
36.76 |
37.16 |
| Households: |
5,693 |
32,506 |
110,081 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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