Catylist ID:
#29968621
Prospect Development Ground
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 29968621 |
| Property Subtypes: | Office, Retail |
| Status: | Pending/Contingent |
| Gross Land Area: | 2.13 Acres |
| Sale Price: | $1,400,000 |
| Unit Price: | $657,277 Per Acre |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/28/2020 |
Overview / Comments
|
Development site located in the heart of Prospect. Ideally suited for retail, medical or professional office. This presents a unique opportunity to purchase land with frontage on US 42 in the Prospect area. The property is currently zoned R-4 and the owner would sell contingent upon the buyer obtaining rezoning. This property is located between the Prospect Latin School and the First Baptist Church of Prospect. This listing includes 8909 US Highway 42, Tract 1 (1.085 acres) and 6603 Del Haven Ave, Tract 2 (1.0467 acres). The adjacent .65 acre parcel located, at 8907 US Highway 42, in front of the Prospect Latin School is also available for sale. By combining the properties a buyer could purchase 2.78 acres. |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 0206-0026-0000 & 0206-0043-0000 |
| Zoning: | R-4 - Residential Single Family District |
| Property Visibility: | Excellent |
| Legal Description: | Deed book: 9346 Page: 0561 |
| Largest Nearby Street: | US 42 |
| Highway Access: | Easy Access to I-265. The new east end bridge will open in late 2016 allowing access to southern Indiana. |
| Site Description: | Level site with a small home on the front lot. The subject property could be combined with the adjacent .648 lot for a total of 3.07 acres on US 42. |
| Area Description: | The Prospect area is a affluent community. Other retailers in the area include McDonald's, Kroger, Walgreen's, Republic Bank, and Dairy Queen. |
| Zoning Description: | R-4 residential The owner is selling the site contingent upon the buyer obtaining rezoning for its intended use. Village Form District |
| Topography: | Level |
| Easements: | Utilities |
| Available Utilities: | Electric, Water, Gas |
| Water Service: | Municipal |
| Sewer Type: | None |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,173 | 23,929 | 111,757 |
| Median Age: | 50.54 | 45.74 | 41.01 |
| Households: | 954 | 9,175 | 45,219 |
Contact
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