Land Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 29997297
Property Subtypes: Office, Retail
Building Status: Proposed
Gross Land Area: 1.10 - 1.33 Acres
Sale Price: $535,000 - 720,000
Sale Terms: Cash to Seller, Build-to-Suit, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 9/5/2017

Overview / Comments

14002/14004 Shelbyville Road is a build-to-suit opportunity in an excellent, high-quality demographic location in Eastern Jefferson County. Located in a high growth area of Middletown, the lots are situated behind an IGA Grocery/convenience store, as well as a future bank branch for River City Bank. The area contains strong traffic counts and is in close proximity to a high density population that includes some of the strongest demographics in Jefferson County. It is located just down the street from the Parklands of Floyds Fork, which attracts approximately 1.4 million visitors annually. The owner is flexible in its plans for the site, and would consider selling the land outright or doing a build-to-suit for a lease or sale scenario. The location is ideal for any office user, including medical, general office, or any service provider. Renderings have been completed for an attractive office building that is suitable for any type of user, but it could also be modified further.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Submarket/Township: 08 - Douglas Hills / Hurstbourne / Middletown / Anchorage
Zoning: C-1 - Commercial District
Property Located Between: Shelbyville Road and Beckley Station
Property Visibility: Excellent
Highway Access: 265 and 64
Site Description: 1.33 acre lot 14004 Shelbyville Rd per PVA 1.10 acre lot 14002 Shelbyville Rd per PVA
Topography: Level
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,791 30,043 112,309
Median Age: 44.24 41.91 39.93
Households: 2,967 11,859 44,595
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