Smyrna Parkway Residential Development Land

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30179807
Property Subtypes: Multi-Family, Residential (Single Family)
Status: Pending/Contingent
Gross Land Area: 11 Acres
Sale Price: $600,000
Unit Price: $54,545 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/6/2018

Overview / Comments

+/- 11 acres on Smyrna Parkway available for residential development. This centrally-located Highview property sits conveniently between Outer Loop and the Gene Snyder.

Property consists of residual land and a single-family home on the campus of The Believers Church. The church is open and will remain in operation. Gym and garage are included in the available acreage. These may or may not have value to buyer and may be removed by buyer.

Zoned R-4. Neighboring property has been rezoned to R-5A and patio homes are under construction. New Crossroads IGA is coming soon to neighboring property on Smyrna Parkway.

The price represents $45,000 per acre for the vacant land and $150,000 for the single-family home at 7913 Smyrna Parkway. Final acreage, property boundaries, and development plan are subject to buyer and seller's mutual agreement and governmental approvals.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 064500560000
Zoning: R-4 - Residential Single Family District

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,697 95,285 201,219
Median Age: 42.48 36.87 37.35
Households: 5,037 37,757 80,631
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.