PRIME DEVELOPMENT LAND - 5.628 ACRES C-2 ZONED

Vacant Land for Sale
Also listed as Multi-Family, Retail-Commercial
Catylist Listing ID: 30325248
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 5.62 Acres
Sale Price: $950,000
Unit Price: $169,039 Per Acre
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 9/17/2018

Overview / Comments

5.624 Acres - Zoned C-2/Centrally located between the 10th Street Corridor to the East End Bridge and from the Central Business District of Jeffersonville towards the Walking Bridge.

Flat Terrain and Very little developable land in this area. New Gravity Sewer Line 2016 placed directly in front of the property on the same side or street.

Middle Road is shortly past the Allison Lane intersection. One direction leads straight to the Port Authority, a booming industrial area, or the other direction to Jeffersonville High School with many restaurants, shops & entertainment venues.

*** Very Creative Seller is willing to consider a Joint Venture or other creative options regarding this development.

*** Available Reports too large to load in Listing. Available upon request

- 2017 Multi Family Housing Survey
- Commercial Development Plans
- Zoning & Preliminary Plat
- Employment Forecasting & Housing Build Out Scenarios

July 23, 2018 Full Appraisal

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-19-01-200-356.000-009
Zoning: C-2 COMMERCIAL
Property Located Between: ALLISON LANE & VILLAGE GREEN BOULEVARD
Property Visibility: Excellent
Legal Description: Parcel # 10-19-01-200-343.000-009 Land - 5.624 Acres
Largest Nearby Street: Village Green Boulevard
Highway Access: I-65, I-265
Airports: CLARK COUNTY - LOUISVILLE INTERNATIONAL
Site Description: LEVEL SITE WITH GREAT ACCESS AND VISIBILITY
Area Description: RAPIDLY EMERGING AREA WITH BOOMING INDUSTRIAL AND RETAIL GROWTH. INCREASING HOUSING DEMANDS WITH GROWING LABOR MARKET.
Zoning Description: C-2 ZONING - VERY FLEXIBLE COMMERCIAL ZONING WITH MANY PERMITTED USES
Development Name: MIDDLE ROAD
In Flood Plain?: Yes
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access, Other
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,673 54,185 184,474
Median Age: 35.36 39.2 38.92
Households: 3,081 23,200 80,289

Contact

Gant Hill & Associates, LLC

10300 Linn Station Rd. S-400
Louisville, KY 40223
502-515-4455
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Listing Provided Courtesy of WESLEY REALTY LLC — 502-797-8828

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.