PRIME BLANKENBAKER PARKWAY LAND FOR SALE OR LEASE!
Vacant Land
for Sale
| Catylist Listing ID: |
30532985 |
| Property Subtypes: |
Hospitality, Office, Retail, Retail-Pad, Other
|
| Gross Land Area: |
2.25 Acres
|
| Sale Price: |
$2,025,000 |
| Unit Price: |
$900,000 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/21/2020 |
Overview / Comments
***NOW FOR SALE OR GROUND LEASE, LOCATED AT THE CORNER OF BLANKENBAKER AND BLUEGRASS PARKWAYS!!!***
This prime corner lot is located at the signalized intersection of Blankenbaker Parkway and Bluegrass Parkway allowing for easy and quick access. The ~ 2.25 acre lot has ~90 parking spaces, boasts excellent visibility and is just 1 block south of I-64 on Bluegrass Parkway. Zoned PEC (Planned Employment Center) the parcel offers tremendous opportunities for various commercial uses. Ideal for restaurant, bank or other retail use. The corner of Blankenbaker and Bluegrass Parkways has an average daily vehicle count of ~45,310 and this site is the front door to the Class A Blankenbaker Crossings 550 acre mixed use development.
NOTE: The former Ruby Tuesday building has been removed from the property, all utilities exist to the parcel and this lot is also listed for ground lease, absolute NNN.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Tax ID/APN: |
234900050000 |
| Zoning: |
PEC - Planned Employment Center District |
| Property Located Between: |
I-64 and Bluegrass Parkway |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Blankenbaker Parkway |
| Feet of Frontage: |
333 |
| Traffic/Vehicle Count: |
45,310 |
| Highway Access: |
I-64, I-264 and I-265 |
| Airports: |
Louisville Muhammad Ali International Airport |
| Site Description: |
Flat ground on signalized corner of intersection.
Has utilities to the site, was a former restaurant on the parcel. |
| Area Description: |
Blankenbaker Crossings is the service hub for this area of eastern Jefferson County (Louisville), with hotels, restaurants, gas stations, banks and more all within 5 minutes. It is also on the eastern edge of the Bluegrass Commerce Park, an industrial park with a daytime work population of ~35,000. |
| Lot Frontage: |
333 |
| Lot Depth: |
263 |
| Zoning Description: |
PEC is designated by Louisville Metro and the Land Development Code as Planned Employment Center District. |
| Part of Planned Development?: |
Yes |
| Development Name: |
Blankenbaker Crossings |
| Topography: |
Level |
| Easements: |
Utilities, Other |
| Easements Description: |
Vary |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,078 |
63,664 |
168,991 |
| Median Age: |
43.76 |
41.37 |
40.13 |
| Households: |
2,244 |
26,450 |
70,494 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
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