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

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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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