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: 11/8/2023

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.

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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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