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: 12/5/2019

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

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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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