Catylist ID:
#30822790
| Catylist Listing ID: | 30822790 |
| Property Subtypes: | Multi-Family, Office, Residential (Single Family), Retail |
| Gross Land Area: | 1.80 Acres |
| Sale Price: | $580,000 |
| Unit Price: | $322,222 Per Acre |
| In Opportunity Zone? | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/12/2023 |
Overview / Comments
|
This 1.8 acre parcel is located in both a Qualified Census Tract and an Opportunity Zone, which allows a developer greater potential for subsidies and tax advantages to enhance the value of their project. It is located minutes from significant Louisville destinations, including Downtown, U of L, I-65, and more. Water and sewer service is available to this level site, which is surrounded by streets or alleys for easy access. The seller has plans for a much-needed middle-housing community development, which he would potentially partner with a buyer on. This would also be ideal for a multifamily housing or a short term rental development. Highlights include: > Located in a QCT and OZ > Level land, with water and sewer access > Entire parcel surrounded by streets or alleys > Central location minutes from major Louisville landmarks > Ideal for middle housing, multifamily or short term rental development |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 029F00450000 |
| Zoning: | PDD - Planned Development District |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 21,301 | 140,287 | 306,010 |
| Median Age: | 35.86 | 35.62 | 36.76 |
| Households: | 10,856 | 60,963 | 131,782 |
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