Approved Multifamily Development
For Sale
$5,600,000
Segler Drive, Oak Grove, KY 42262
Lots and Land, Oak Grove, KY
Property SizeContact for details
Lot Size29.42 Acres
Days on Market55
Property Features for Segler Drive
General Information
Property type
Land
Property subtype
Other
Directions
Heading North on 41-A turn Right on Segler Dr next to Wal-Mart. Property on Right
Subdivision
Christian County
Standard status
Active
Lot size
29.42 Acres
Listing Agency:
REAL-STRONG PROPERTIES
(270) 352-7538
Listed By:
Norman G Armstrong · License #203402
(270) 769-1655
Added: Jul 20
Changed: Sep 6
Last Checked: Sep 12 at 10:06PM
MLS# HK2603047
Copyright © 2026 Heart of Kentucky Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 29.42-acre commercial land offering in Oak Grove includes an approval for 408 multifamily apartment units, along with a separate 1.5-acre site planned for hotel development. The property is positioned for a large-scale residential and hospitality project within an established commercial setting.
The site fronts Highway 41A with approximately 1,400 feet of road frontage and is directly adjacent to Super Walmart. It is located just outside Gate 7 of Fort Campbell, providing a defined location within the Oak Grove market and convenient proximity to the military installation.
The site fronts Highway 41A with approximately 1,400 feet of road frontage and is directly adjacent to Super Walmart. It is located just outside Gate 7 of Fort Campbell, providing a defined location within the Oak Grove market and convenient proximity to the military installation.
Key Highlights
- 29.42‑acre commercial development site
- Approved plan for 408 multifamily apartment units
- Additional 1.5‑acre hotel site included
Property Analytics
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Current Use
Lease Details
408
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Explore this area
Business Placement
Demographics for 42262, KY
8,814
Population
3,980
Households
2.2
Avg Household Size
26
Median Age
15%
College-Educated
88%
High-School Grad
31.2 sq mi
ZIP Area
283
Density / Sq Mi
$49,898
Median Household Income
$36,790
Median Earnings
$1,224
Median Rent
$146,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with approved multifamily units and a designated hotel site along Highway 41A near Fort Campbell.
Where is this commercial land located?
The property is located at Segler Drive Oak Grove, KY.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: 29.42‑acre commercial development site; Approved plan for 408 multifamily apartment units; Additional 1.5‑acre hotel site included
