Development Opportunity - Corner Parcel

Vacant Land for Lease
Catylist Listing ID: 30041985
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 0.89 Acres
Lease Rate: $7,500 (Monthly)
$2.32 PSF (Annual)
Lease Types: Ground Lease, NNN
Last Updated: 10/9/2017

Overview / Comments

Redevelopment opportunity now available for sale or lease located at the busy intersection of Frankfort Ave and Mellwood Ave. The corner site is a fit for a variety of uses such as retail, hospitality, auto related or mixed-use development. 5,624 SF of gross building area currently used as a service garage sits on the property. The site is located in the thriving Butchertown neighborhood and borders the Clifton neighborhood. Additional acreage can be assembled in this transaction.

Please contact Woodford Hoagland for additional information.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 020H00420000
Zoning: CM - Commercial Manufacturing
Largest Nearby Street: Frankfort Ave and Mellwood Ave
Feet of Frontage: 222
Traffic/Vehicle Count: 14,811
Highway Access: 0.05 Miles off I-64.
Area Description: Butchertown neighborhood and surrounding neighborhoods are experiencing large capital projects across all asset classes. 74,574 ADT at the Mellwood Ave and I-64 off-ramp.
Lot Frontage: 222'
Zoning Description: All uses permitted in the C-2 Commercial and M-1 Industrial Districts, except single family dwellings.
In Flood Plain?: Yes

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,678 120,512 306,199
Median Age: 37.5 37.2 37.91
Households: 5,446 55,318 135,436
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