Commercial Land Near Interstate
New
For Sale
$1,800,000
1807 Milestone Vlg, La Grange, KY 40031
C-4 zoning with a CO-1 portion supports several commercial development categories, including retail, medical, office, and hotel.
Property SizeContact for details
Days on Market6
Property Features for 1807 Milestone Vlg
General Information
Standard status
Active
Property subtype
Land
Zoning
C4 / CO-1
Amenities
Power
Water
Sewer
Natural Gas
Vacant
Listing Agency:
85W Real Estate
Listed By:
Karan Singh · License #291704
(502) 539-7295
Source:
Kcrea.resimplifi
Added: Oct 23
Changed: Oct 26
Last Checked: Oct 28 at 4:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 85W Real Estate
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Investment Insights
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This 3.37-acre commercial site has approximately 79 feet of frontage, based on a 2015 ALTA survey, and a fee-owned access stem subject to a recorded easement. Zoning is C-4 with a CO-1 portion. Two county approval rounds were previously completed for a limited-service hotel, and the Oldham County Engineer approved construction plans on May 30, 2019; buyers should verify the approvals’ current status.
The property is approximately 450 feet from I-71 Exit 22. Reported traffic counts are 43,700 ADT on I-71 and 16,700 ADT on KY-53. Baptist Health La Grange Hospital is across the street, Walgreens is adjacent, and Walmart, Kroger, medical providers, hotels, and restaurant brands are within approximately one mile.
Due diligence materials include a 2015 ALTA survey, Phase I and Phase II environmental assessments, a 2017 geotechnical report, a 2017 development plan approved in 2018, a 2017 hospitality market study, and recorded easements. Access to these materials is subject to ownership approval and a signed NDA.
The property is approximately 450 feet from I-71 Exit 22. Reported traffic counts are 43,700 ADT on I-71 and 16,700 ADT on KY-53. Baptist Health La Grange Hospital is across the street, Walgreens is adjacent, and Walmart, Kroger, medical providers, hotels, and restaurant brands are within approximately one mile.
Due diligence materials include a 2015 ALTA survey, Phase I and Phase II environmental assessments, a 2017 geotechnical report, a 2017 development plan approved in 2018, a 2017 hospitality market study, and recorded easements. Access to these materials is subject to ownership approval and a signed NDA.
Key Highlights
- 3.37‑acre commercial site zoned C‑4 with a CO‑1 portion
- Approximately 79 feet of frontage per a 2015 ALTA survey
- About 450 feet from I‑71 Exit 22; traffic counts are 43,700 ADT on I‑71 and 16,700 ADT on KY‑53
Property Analytics
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Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
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Business Placement
Demographics for 40031, KY
25,322
Population
8,507
Households
3
Avg Household Size
40
Median Age
34%
College-Educated
89%
High-School Grad
66.9 sq mi
ZIP Area
379
Density / Sq Mi
$96,682
Median Household Income
$47,046
Median Earnings
$1,120
Median Rent
$316,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - C-4 zoning with a CO-1 portion supports several commercial development categories, including retail, medical, office, and hotel.
Where is this commercial land located?
The property is located at 1807 Milestone Vlg La Grange, KY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 3.37‑acre commercial site zoned C‑4 with a CO‑1 portion; Approximately 79 feet of frontage per a 2015 ALTA survey; About 450 feet from I‑71 Exit 22; traffic counts are 43,700 ADT on I‑71 and 16,700 ADT on KY‑53
