Prime Retail Lot

Vacant Land for Sale
Catylist Listing ID: 30090992
Property Subtypes: Hospitality, Retail, Retail-Pad
Gross Land Area: 2.06 Acres
Sale Price: $300,000 Per Acre
Total Price: $618,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2019

Overview / Comments

The site contains 2.06 acres and it is zoned C-2 Commercial. Situated at the main entrance to Commerce Crossing Business Park adjacent to Culver's, across from Apex Apartments. The population within 3 miles is 55,000+ and within 5 miles is 100,000+ with a Median Household Income of $56,000, and the area is growing. More than 560 apartments have been built in the last three years and 140 additional apartment units are planned. Menards is expanding to Louisville and their first store is located a quarter mile just North. The trade area is strong and growing with more than 5,500 employee located in the adjacent business park. A new 160 unit apartment complex is under development within 1/2 mile.

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Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 351400180000
Zoning: C-2 - Commercial District
Property Visibility: Excellent
Site Description: The site is on Interchange Drive at a main entrance to Commerce Crossings
Area Description: This C-2 tract is located adjacent to Apex Apartments and newly remodeled Kroger. Large Retailers in trade area include Kroger, WalMart, Kohl's, Lowe's and Rave Cinemas. Many other retailers, restaurants and banks as well.
Zoning Description: c-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,960 62,398 137,955
Median Age: 34.1 37.04 37.41
Households: 3,672 23,925 53,837
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.