Hurstbourne Development Property

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 29563166
Property Subtypes: Retail
Status: Pending
Gross Land Area: 3.35 Acres
Sale Price: $1,275,000
Unit Price: $380,597 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/24/2018

Overview / Comments

Location. Highly visible corner at Fegenbush Lane and South Hurstbourne Parkway.
Perfect for Bank, Pharmacy, Retail, Restaurant, Automotive, small strip center, etc.

Commercial Potential. Although zoned R-4, this property has the potential for commercial zoning, as the three adjacent corners are all commercially zoned.

Traffic count is in excess of 26,000 vehicles per day, and growing.
This is a growth corridor with both commercial and residential development.

Property is located just a half mile from Mercy Academy, one of the largest all-girls high school in the city.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 063600230000
Zoning: R-4 - Residential Single Family District
Market Type: Medium
Side of Street: Southeast
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: South Hurstbourne Parkway
Traffic/Vehicle Count: 26,000
Site Description: Gently slopes away from the road, then abruptly slopes to Fern Creek. This steep property may be used for set-backs and LBA.
Area Description: Growth corridor of South Hurstbourne Parkway.
Zoning Description: R-4
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,295 109,679 252,505
Median Age: 34.31 38.19 38.48
Households: 4,127 45,194 105,145
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