Industrial Land, Irwin Property

Vacant Land for Sale
Catylist Listing ID: 30036125
Property Subtypes: Industrial
Gross Land Area: 5 - 17 Acres
Sale Price: $65,000 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/13/2019

Overview / Comments

Located 5 minutes (1.5 miles) from I-64 and Highway 53 on Old 7 Mile Pike.
17 acres are zoned industrial (X-2).

Property is contiguous to 108 acre farmland which is also available for sale by same owner.

Utilities. All available, including sewer, water, gas, electric, cable.

This property is located in the business corridor between Louisville and Lexington.

Perfect for bourbon industry, auto industry, logistics industry, etc.

Property lies within the BLUEGRASS ECONOMIC ADVANCEMENT MOVEMENT (BEAM) corridor and is easily accessible from I-64, just minutes from the interstate highway.

An article in the EXAMINER in June of 2012 had this to say about this corridor:

"Louisville and Lexington companies have the capacity to significantly increase their exports — and thus grow the regional economy and create jobs — if business leaders have support when accessing foreign markets. A new program, fueled in part by Louisville Metro’s Innovation Delivery Team, aims to help businesses navigate the complexities of international business and begin exporting their products and services. The goal is to increase the number of companies that export by 50 percent within the next five years.

"Louisville Mayor Greg Fischer and Lexington Mayor Jim Gray announced the export initiative — ‘Build it Locally, Sell it Globally’ — at today’s meeting of the Bluegrass Economic Advancement Movement, which the mayors formed last year to grow manufacturing and logistics jobs in the region. BEAM is developing a regional business strategy with the assistance of the Brookings Institution in Washington D.C.

"Mayor Fischer’s Innovation Delivery Team, funded by a $4.8 million grant from Bloomberg Philanthropies, will assist the BEAM effort by providing project management and support on the export strategy. The team will ensure the strategy is implemented and that various groups — from business to government and political leaders — are engaged in the effort to ensure success."

For the full article, copy and paste the link:

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Shelby
Tax ID/APN: 051-00-044B
Zoning: X-2 - General Interchange Commercial
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,429 17,920 22,858
Median Age: 32.61 34.52 36.01
Households: 1,256 6,591 8,441
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.