Over Four Level Acres in PRP, Zoned C-2/R-6

Vacant Land for Sale
Catylist Listing ID: 30807432
Property Subtypes: Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Self Storage
Gross Land Area: 4.16 Acres
Sale Price: $290,000
Unit Price: $69,711 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

Just over four level acres of vacant land now available for sale on Paradise Lane, in a mature, established neighborhood with proximity to many multifamily, single family, and commercial properties along Cane Run Road and Dixie Highway.

Pleasure Ridge Park, in Southwest Louisville, is minutes from the growing Riverport industrial hub. This site could be an ideal location for multifamily development, self- storage, or more.

Sellers have completed a self storage feasibility study validating profitability of such use, and can be shared with a buyer upon accepted offer.

Highlights include:

> Over four acres of level vacant land
> Zoned C-2 and R-6
> Easy access to Cane Run Rd. and Dixie Hwy.
> Close proximity to Riverport industrial hub
> Feasibility determined for self storage use (requires a CUP)

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 145300180000
Zoning: C-2 - Commercial District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,460 68,624 132,582
Median Age: 38.87 38.72 38.04
Households: 6,157 27,277 52,649
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