Listing Agency: Homepage Realty

Listed By: RE Solutions Show Phone

Source: Resolutions

Added: Sep 19 Changed: Oct 31 Last Checked: Nov 6 at 8:12AM

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Investment Insights

Based on property information with market context.

This 35.9+/- acre industrial land tract is located within the city limits of Springfield. The property is currently zoned Industrial and offers frontage along two roads, providing multiple points of access for future site planning. A commercial entrance is currently being installed from Perryville Rd., adding another defined access feature to the site.

City water and sewer are available, and the property is situated near Main Street. Its combination of acreage, municipal utility availability, industrial zoning, dual-road frontage, and planned commercial access provides a substantial land offering for development or potential division into multiple building lots.

Key Highlights

• 35.9+/- acres of industrial land
• Currently zoned Industrial
• Frontage along two roads

Property Analytics

Suggested Use

Top Pick Auto Repair Shop Building Supply Restaurant Electrical Service Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

45

Businesses Nearby

Explore this area Business Placement

Demographics for 40069, KY

8,397

Population

3,570

Households

2.4

Avg Household Size

41

Median Age

22%

College-Educated

93%

High-School Grad

188.7 sq mi

ZIP Area

44

Density / Sq Mi

$65,357

Median Household Income

$38,843

Median Earnings

$665

Median Rent

$172,800

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - Industrial zoning, city water and sewer, and a commercial entrance are part of the property profile.

Where is this industrial land located?

The property is located at 419 Perryville Rd Springfield, KY.

What is the asking price?

The asking price for this property is $460,000.

What are key features of this property?

This property features: 35.9+/- acres of industrial land; Currently zoned Industrial; Frontage along two roads