4.692 acre Clarksville Development Site

Vacant Land for Sale
Catylist Listing ID: 30514226
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 4.69 Acres
Sale Price: $2,000,000
Unit Price: $426,439 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2023

Overview / Comments

Great site for future hotel/restaurant/retail uses/apartments.
Property has been split by construction of an extension of Leisure Way/Giltner Lane which is located just off of Veterans Pkwy & Exit 5/I-65 (5 miles north of the I-65 bridges to downtown Louisville, KY).
4.692 on the west side of Leisure Way (see photo of recently finished roadway) which will also have road frontage on Broadway Street which currently exists to this site (see attached aerial).
The site is near to Lowe's and other existing hotels/restaurants/major retail users. A new hotel is currently being constructed on the east side of Leisure Way immediately across from this site.
The 4.692 acre site currently has a large office building which was previously used for the seller's businesses and which may have some utility to an eventual purchaser, however the primary value is in the land (see attached county egis information).
Site can be split into 2 - 2.346 acre parcels at a price of $1,000,000 each.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-14-03-200-554.000-011
Property Visibility: Excellent
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,939 74,847 161,026
Median Age: 39.18 38.26 37.6
Households: 3,811 31,198 66,709
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions.