Kaelin Property

Vacant Land for Sale
Catylist Listing ID: 29599005
Property Subtypes: Office, Retail
Gross Land Area: 0.60 Acres
Sale Price: $599,000
Unit Price: $998,333 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/26/2018

Overview / Comments

This property is now for SALE. (In the past, it has been listed for lease only.)

Property has been used commercially since the 1950s. Owner believes that there are non-conforming rights as commercial use zoning. Part of property was taken due to the Westport Road expansion; about .6 acre remains. Includes a 900 S/F Single Family Residence for potential office use.

The Westport Road exit off of the Watterson Expressway is 1/4 mile from the site. Directions: Just north of Lyndon Lane And Westport Road. Level SeeRemarks BldgInsurance, ExtrMaintenance, Ground Maintenance, OtherExpenses, RETaxes, Electric, Gas, Water/Sewer Exist Electric, Exist Gas, Exist Storm Sewer, Exist Water

Traffic count: IN EXCESS OF 77,000 ON WATTERSON EXPRESSWAY AT THE EXIT TO WESTPORT ROAD. (Prior to exit ramp opening, traffic count on Westport Road was 19,000. It is much higher now.)

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 035100320000
Zoning: R-5 - Residential Single Family District
Market Type: Large
Property Located Between: Watterson Expressway (I-264) and Herr Lane
Side of Street: South
Road Type: Paved
Property Visibility: Excellent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,342 92,594 240,493
Median Age: 41.55 42.06 40.73
Households: 7,536 41,882 106,956
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