I-65 and Eastern Blvd Apprx 4.14 acre Zoned C-2

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30572551
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 4.14 Acres
Sale Price: $2,200,000
Unit Price: $531,400 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2020

Overview / Comments

NO HOTEL INTEREST PLEASE. This approx 4.14 acre C-2 site is a fantastic opportunity for new development. Seller is in the process of demolishing 2 structures to make way for new ones (Spring 2020). Seller would like to see a mixed use development, C-store, major brand franchise restaurant and retail. This site is at the exit where I-65 and Eastern Blvd intersect. The City of Jeffersonville is willing to review a proposed development plan to see if there are any possible incentives for the developer. This must be a well qualified development and Developer. This is an entry into the City of Jeffersonville and is very visible. It could change the perception with the right project and become one of the more noted entries into the City. It is very close to Louisville and you can be on top of the Southern Indiana retail capital at Veterans Parkway in moments with several restaurants and lots of shopping. Recently the Town of Clarksville purchased and demolished a former hotel on the I-65 and Eastern Blvd side of Clarksville with plans for a sport complex if all goes well.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-19-00-802-435.000-010
Property Visibility: Excellent
Legal Description: R V Court Minor Plat; Lot 3
Largest Nearby Street: I-65
Feet of Frontage: 340
Traffic/Vehicle Count: 120,000
Highway Access: Immediate on to I-65, I-265 and I-64 Louisville or East End
Airports: Louisville International Airport and Clark County Airport (now expanding)
Site Description: At the I-65 exit ramp with easy on easy off, near hotels, lays flat and is very visible to the interstate
Area Description: Retail and transportation businesses nearby, hotels run on both sides of Eastern Blvd and on the west side of I-65. This site is in the heart of Sothern Indiana and close to everything you would want.
Lot Frontage: 340
Zoning Description: C-2 General Business Medium to Large
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,341 92,030 249,682
Median Age: 38.02 36.79 37.4
Households: 3,616 38,839 107,699


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