I-65 Exposure, 2+ac Zoned C-2, Tenant or Hotel Site
Retail-Commercial
for Sale
Catylist Listing ID: |
30229787 |
Property Subtypes: |
Free-Standing Building, Restaurant, Tavern/Bar/Nightclub, Vehicle Related
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Building Size (RSF): |
5,900 SF
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Gross Building Area: |
See Agent |
Sale Price: |
$775,000 |
Unit Price: |
$131.36 PSF |
Property Use Type: |
Net Leased Investment (NNN) |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
4/20/2018 |
Overview / Comments
Major visibility and great access on I-65. Currently zoned C-2, which is a very large group of options to include retail, restaurant and offices of medium to large scale. Approximately 2.16 acres. The site has served the current tenant for decades as a tractor trailer service and repair shop. The are month to month at this time and would like to stay. Site could be better suited as the street name suggests for hospitality (hotel. motel).
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Additional Details
Nearest MSA: |
Louisville/Jefferson County |
County: |
Clark |
Tax ID/APN: |
10-19-00-800-008.000-010 |
Zoning: |
C-2 MEDIUM TO LARGE GENERAL BUSINESS |
Retail Clientele: |
General, Business, Traveler |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Eastern Blvd |
Highway Access: |
Immediate on I-65, I-265 and I-64 |
Airports: |
Clark County Regional Airport, Louisville International Airport |
Site Description: |
Its called Hospitality Way for a reason. Hotels line this roadway. |
Area Description: |
Near other hotels that front along I-65. This is on the east side of the interstate and the Town of Clarksville runs along the other side. |
Tenancy: |
Single Tenant |
Total Number of Buildings: |
3 |
Number of Stories: |
1 |
Typical SF / Floor: |
5,900 SF |
Property Condition: |
Excellent |
Exterior Description: |
Existing buildings are still being used today. Brick and concrete block. |
Parking Type: |
Surface |
Parking Description: |
Huge lot. Current tenant operates as a tractor trailer repair shop and prefers the use of a gravel lot. |
Interior Description: |
Standard garage or shop look and feel as it has operated as one for decades. |
Zoning Description: |
C-2 Medium to Large General Commercial District. See attached C-2 and C-1 allowable and permitted uses. |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Land Ownership: |
Lee Oil Co |
Legal Description: |
Gt 8 2.160 Ac |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
10,603 |
86,932 |
241,261 |
Median Age: |
37.05 |
37.55 |
37.49 |
Households: |
4,406 |
36,568 |
104,450 |
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