Development Opportunity
Vacant Land
for Sale
| Catylist Listing ID: |
30822918 |
| Property Subtypes: |
Industrial, Multi-Family, Office, Residential (Single Family), Self Storage, Other
|
| Gross Land Area: |
6.98 Acres
|
| Sale Price: |
$220,000 Per Acre |
| Total Price: |
$1,535,600 |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/29/2023 |
Overview / Comments
|
This property consists of 6 parcels totaling 6.98 acres located in a rapidly redeveloping area. Parcels include 5222, 5220,5214,5210,5208 Maple Springs Drive. Close proximity to the I-265 interchange with major retailers present at each corner. Including Lowes, Menards and Meijer to name a few. Potential uses could include Mini Warehousing, Apartments and higher density residential.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Tax ID/APN: |
082200320000 |
| Zoning: |
R-4 - Residential Single Family District |
| Property Located Between: |
First turn to the left past Menards as you head south from I-265. |
| Property Visibility: |
Fair |
| Legal Description: |
See attached |
| Largest Nearby Street: |
Preston Highway |
| Highway Access: |
Easy Access to I-265 and all major highways. |
| Airports: |
Louisville |
| Site Description: |
Gentle fall away to mostly level. |
| Area Description: |
Rapidly growing retail and bedroom community. |
| Zoning Description: |
Currently zoned residential. The area is undergoing a rapid change and many uses could be possible. |
| Topography: |
Gently Sloping |
| Available Utilities: |
Water, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
13,326 |
65,396 |
148,237 |
| Median Age: |
33.79 |
37.63 |
37.04 |
| Households: |
4,832 |
25,194 |
57,908 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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