Turn-Key, Shovel Ready Development Near U of L

Vacant Land for Sale
Also listed as Multi-Family
Catylist Listing ID: 30448849
Property Subtypes: Multi-Family, Office, Retail
Gross Land Area: 0.33 Acres
Sale Price: $489,000
Unit Price: $1,481,818 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/25/2019

Overview / Comments

This shovel ready mixed-use development opportunity is located within walking distance to The University of Louisville. The site is in close proximity to the UofL campus, Jim Patterson Stadium, Cardinal Stadium, and various other new student housing development projects. Located within an opportunity zone, all approvals are in place for a developer to step in and construct in a burgeoning sub-market.

● Full construction drawings complete
● Planned for 4 - 1 BR/BA & 6 - 2BR/2BA
● 3,553 SF of retail space
● Located in opportunity zone

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 050D01450000
Zoning: C-1 - Commercial District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,768 145,615 300,514
Median Age: 29.9 35.43 36.77
Households: 6,754 63,539 128,990
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.