Commerce Parkway, Overpass Land

Vacant Land for Sale
Catylist Listing ID: 29921538
Property Subtypes: Industrial, Office, Retail, Retail-Pad
Gross Land Area: 1.79 Acres
Sale Price: $110,000 Per Acre
Total Price: $196,900
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/4/2018

Overview / Comments

Prime property on Commerce Parkway, next to the new Louie Dampier Overpass (which overpass connects Commerce Parkway to New Moody Lane, over I-71)

Corner lot with possibilities for either retail, or industrial.

Kroger coming soon to Commerce Parkway!
From the Courier Journal:
"Kroger plans to build a new 125,000-square-foot Marketplace store in Buckner in Oldham County, but construction is on hold until road improvements are completed in the area near Interstate 71 – expected in about June of 2017".

Overpass is located at the corner of Commerce Parkway and Allen Lane, then connects New Moody Lane, on the opposite side of I-71, with access to Oldham Reserve.

Can be sold subject to re-zoning.

Perfect for convenience store, gas station, strip center, (with re-zoning)
Also may be used as light industrial (with re-zoning)

Visibility is excellent
Access is excellent
(Current ditch/draw running through the property can be re-routed to the edge for maximum land use.)
Traffic generated from the new overpass will increase the possibilities for this site.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Oldham
Zoning: R-4 - Residential District
Property Visibility: Excellent
Largest Nearby Street: Allen Lane
Highway Access: I-71 accessible in either direction on Commerce Parkway (Exits 18 and 22 are equidistant).
Site Description: gently sloping
Lot Frontage: 308 feet of frontage
Lot Depth: 445'
Zoning Description: Currently zoned residential, but in an area which should allow commercial or industrial
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,484 20,464 33,410
Median Age: 35.07 37.95 38.88
Households: 1,223 5,928 10,317
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