Blue Lick Road Development Potential, Great Interstate Frontage

Vacant Land for Sale
Catylist Listing ID: 30214411
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 9.26 Acres
Sale Price: $3,241,000
Unit Price: $350,000 Per Acre
Land Splits Available: Yes
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/16/2018

Overview / Comments

The listing includes 9201, 9401 and 9403 Blue Lick Road, one-owner property. The offering is well located in a growing commercial market with extensive frontage and exposure from three roadways including Interstate 265, Blue Lick Road and South Park Road. The offering spans from Interstate 265 north along Blue Lick Road to the southeast corner of Blue Lick Road and South Park Road. The offering also includes a portion of the Southside Quarry (estimated at 6.5-acres in size).

Traffic counts are estimated at 86,600 cars per day along Interstate 265; 14,800 cars per day along Blue Lick Road and 11,300 cars per day along South Park Road, for a total average daily traffic count of 112,700 cars per day. The state has plans to widen Blue Lick Road,from two lanes to four lanes, which will improve access in and around the immediate market area. Preston Highway, one of the city's major commercial corridors is located just to the east, with multiple new developments planned or underway including a Menards, a 160-unit apartment complex and more!

The property is currently improved with two office/warehouse/showroom buildings, which are owner occupied. Please inquire for more info pertaining to the existing improvements.

Don't miss out on this incredible development opportunity, call today!

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Jefferson County, KY
Tax ID/APN: 0660-0006-0000; 0660-0008-0000; 0660-0245-0000
Zoning: C-2 - Commercial District
Property Located Between: Interstate 265, Blue Lick Road and South Park Road
Property Visibility: Excellent
Traffic/Vehicle Count: 112,700
Highway Access: Approx. 1.1 miles to Interstate 265
Site Description: Level, at road grade. Includes a portion of the Southside Quarry (water).
Lot Frontage: 1,900' along Interstate 265; 1,400' along Blue Lick Road; 400' along South Park Road
Zoning Description: C-2, Commercial and R-4, Single-Family Residential
Topography: Level
Easements Description: Cell tower onsite; buyer to verify information pertaining to any agreements or leases of this tower. Includes a portion of the Southside Quarry; buyer to verify water rights.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,439 69,855 172,838
Median Age: 35.95 36.41 36.55
Households: 4,067 27,193 68,068

Contact

Photograph of Listing Agent

Amanda Helfrich

Homepage Realty KCREA Member
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