9.5 ACRES - Old Bardstown Rd & Fairmount Rd

Vacant Land for Sale
Catylist Listing ID: 30377610
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 9.51 Acres
Sale Price: $218,935 Per Acre
Total Price: $2,082,071
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/31/2020

Overview / Comments

9.5085 ACRES still available for development; other 7 acres under contract * Bustling OLD BARDSTOWN RD - near Glenmary, Little Springs, Bardstown Woods, Reserve at Glenmary * A few minutes north to Snyder Freeway at Bardstown Rd - and - a few minutes south to Mount Washington * LOADS OF NEW DEVELOPMENT along this desirable stretch * Under $219,000/ACRE...compare with $299-312K/AC nearby * Well-suited for both RESIDENTIAL & COMMERCIAL-USE DEVELOPMENT * Suggest MULTI-FAMILY and PATIO HOMES as potentially wonderful development opportunities * Land is level to gently sloping * All utilities appear to be on site, at road, or underway – sewers, electric, gas, water, etc * 60' WIDE FLAG LOT INCLUDED for direct access to Old Bardstown Road – PLUS - 120' FRONTAGE on Fairmount Rd * Abundant RECENT COMMERCIAL & RESIDENTIAL developments all around – including CM, C1, PRD, R5, OR1 and R4 zoning & featuring medical, long-term & child care, multi-family, fitness, boarding, patio homes, assisted living, storage, more * Cleared & treed * 4 contiguous parcels * Beautiful property in energized location ripe for your good-looking project!

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Louisville Metro - county
Tax ID/APN: 065700150000
Zoning: R-4 - Residential Single Family District
Property Located Between: Old Bardstown Rd and Fairmount Rd
Property Visibility: Excellent
Legal Description: Offering of approximately 9.5085 acres includes all or part of four (4) contiguous parcels: [1] 0657-0015-0000 (8700 Old Bardstown Rd – appr 6.5613 acres); [2] Fairmount Rd (0657-0142-0000 – 0.2524 acre); [3] Fairmount Rd (0657-0141-0000 – 0.2467 acre); [4] Fairmount Rd (0657-0143-0000 – 2.4481 acres)
Largest Nearby Street: Old Bardstown Rd or Bardstown Rd
Feet of Frontage: 180
Highway Access: Snyder Freeway / 265: 2 miles I-65: 8.5 miles I-64: 11 miles 264 Watterson X-way: 8.9 miles (All distances are approximate and per Google Maps.)
Airports: Louisville International (SDF); Bowman Field (LOU)
Site Description: Land is level to very gently sloping * All utilities appear to be on site, at road, or underway – sewers, electric, gas, water, etc * 60' FLAG LOT FRONTAGE on Old Bardstown Road -- PLUS - 120' FRONTAGE on Fairmount Rd *
Zoning Description: Zoned R-4 per LOJIC. Abundant RECENT COMMERCIAL & RESIDENTIAL developments all around -- incl CM, C1, PRD, R5, OR1 and R4 zoning & featuring medical, long-term & child care, multi-family, fitness, boarding, patio homes, assisted living, storage, more * Buyer shall be responsible for verifying present and planned zoning to his/her satisfaction; Seller can assist.
Topography: Level
Easements: Utilities
Available Utilities: Electric, Water, Gas, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,063 38,557 121,110
Median Age: 44.42 39 37.68
Households: 2,038 15,275 46,686

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