Hurstbourne Parkway and S. Watterson Trail NW Corner Star Hill North

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: $325,000 - 475,000 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/6/2021

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 currently zoned R5A and PD and the seller is rezoning the property to 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.

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 dense single family, employment, retail and around the corner 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. Booming growth corridor.
Lot Frontage: 1,440,
Zoning Description: Property being rezoned from PD and R5A to C1 and R6.
Development Name: Star Hill North
Topography: Gently Sloping
Easements: Pipelines, Electric Lines

View FullscreenMap

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

Contact

© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.