DEVELOPMENT OPPORTUNITY ON NEW BYPASS, SHELBYVILLE, KY
Vacant Land
for Sale
| Catylist Listing ID: |
29975277 |
| Property Subtypes: |
Multi-Family, Retail, Other
|
| Gross Land Area: |
69.69 Acres
|
| Sale Price: |
$69,000 Per Acre |
| Total Price: |
$4,808,610 |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/15/2021 |
Overview / Comments
|
Property is approximately 69.69 acres and seller will divide. It is zoned C-4, Highway Commercial, suitable for retail shopping centers and other like businesses. It is improved with all utilities, including sewers. Property is located just north of the US Hwy 60 and Hwy 55 intersection and less than 2 miles from I-64. Hwy 55 (Freedom's Way) is a major thoroughfare linking Henry and Spencer counties to Shelby County. Property is close to shopping, hospital and local industry. Excellent opportunity for development.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Shelby |
| Taxing Authority: |
Shelby County |
| Tax ID/APN: |
040-00-008B |
| Zoning: |
C - Commercial |
| Property Located Between: |
US 60 and Midland Industrial Blvd |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
US 60 and Freedom's Way |
| Traffic/Vehicle Count: |
19,000 |
| Highway Access: |
Located at US 60 and Freedom's Way and a short distance from I-64. |
| Site Description: |
Property is located just north of the US Hwy 60 and Freedom's Way intersection. It is gently rolling and visibility is excellent. |
| Area Description: |
Shelbyville is a rapidly growing community about 25 miles east of Louisville, KY. Property is located on the new bypass and near shopping, hospital, and local industry. |
| Zoning Description: |
For zoning description please go to the Shelby County PVA site www.shelbypz.com |
| Topography: |
Gently Sloping |
| Easements: |
Utilities |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,811 |
14,616 |
21,581 |
| Median Age: |
29.8 |
33.23 |
35.43 |
| Households: |
2,005 |
5,368 |
7,972 |
|
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The information presented herein is provided as is, without warranty of any kind.
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