CBD operating parking lot

Vacant Land for Sale
Catylist Listing ID: 30605771
Gross Land Area: 0.14 Acres
Sale Price: $675,000
Unit Price: $4,821,428 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/30/2020

Overview / Comments

19 space operating parking lot generating income from daily parkers, event parking for KFC YUM Center and Kentucky International Convention Center events, visitors and guests of Aloft, Moxy, Distil hotels, and patrons of the restaurants and businesses on Whiskey Row. The planned new Hyatt House/Hyatt Place Hotel will be located at the corner of 2nd and Market which would be a couple hundred feet from the lot. The lot is well located with plenty of daytime and nighttime traffic generators within walking distance.

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Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 017A 0153 & 0152
Zoning: C-3 - Commercial District
Property Located Between: 1st and 2nd Streets
Property Visibility: Excellent
Site Description: 19 parking spaces
Area Description: The lot is well located with plenty of daytime and nighttime traffic generators within walking distance. Just north on the corner of 1st and Main is the Aloft Hotel and across the street are the Hotel Distil and Moxy hotel. Just west of the lot at the corner of 2nd and Market Street is the location of the planned Hyatt House/Hyatt Place Hotel.
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,764 132,729 304,086
Median Age: 32.6 35.41 37.1
Households: 5,723 58,689 131,469

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