Star Hill North @ Hurstbourne Parkway and S. Watterson Tr. NW Corner
Vacant Land
for Sale
| Catylist Listing ID: |
30384829 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage
|
| Gross Land Area: |
1.70 - 18.50 Acres
|
| Sale Price: |
$275,000 - 600,000 Per Acre |
| Land Splits Available: |
Yes |
| Adjacent Parcels Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/7/2023 |
Overview / Comments
Opportunity to purchase Hurstbourne Parkway frontage in the booming Fern Creek trade area. Star Hill North is 18.25 acres located at the NW quadrant of S. Hurstbourne Parkway and S. Watterson Trail The property is midway between I-64 and I-65 with frontage and full access to Hurstbourne Parkway, a county arterial. Close to Mercy Academy, GE/Haier Appliance Park, UPS, Willow Green apartments and surrounded by dense and affluent residential. The site has exposure to high traffic with an ADT over 22,000 cars per day. The site has more than 1,400 feet of frontage on Hurstbourne Parkway with multiple curb and median cuts to provide excellent access.
The property is zoned R-6 and C-1. Currently it contains four parcels that total 18.5 acres. See attached detailed district development plan that corresponds to pricing, land size and pending rezoning.
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Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Taxing Authority: |
Louisville |
| Tax ID/APN: |
062801540000, 062801560000, 062800810000, 062800070000 |
| Zoning: |
C-1 - Commercial District |
| Property Located Between: |
Bardstown Road and Fegenbush Lane |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
S. Watterson Trail |
| Feet of Frontage: |
1,400 |
| Traffic/Vehicle Count: |
22,000 |
| Site Description: |
Hard corner commercial and multi-family land development opportunity at the NW corner of Hurstbourne Parkway and S. Watterson Trail in Eastern Jefferson County. Multiple curb and median cuts for excellent access. Level frontage and easy access to multi-family on the north side. |
| Area Description: |
Dense infill site with frontage on Hurstbourne Parkway. Close to affluent single family and new apartment development, employment, retail and minutes from: GE Appliance Park with 6,600 employees, Worldport distribution center, Mercy Academy a private girls college prep school, new distribution, 400 unit Willow Green Apartments and more single family and apartments planned. New 240 unit apartment complex and Pulte subdivision located across the street. Booming growth corridor. |
| Lot Frontage: |
1,440, |
| Zoning Description: |
Property is zoned C1 Commercial and R6 Multi-family. |
| Development Name: |
Star Hill North |
| Topography: |
Gently Sloping |
| Easements: |
Pipelines, Electric Lines |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,744 |
106,770 |
242,258 |
| Median Age: |
35.83 |
38.34 |
38.46 |
| Households: |
5,142 |
43,573 |
100,312 |
|
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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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