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    393 & I-71 Hwy La Grange, KY 40010

    For Sale
    $9,300,000

    Prime KY Commercial Land, I-71 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 62-acre commercial land parcel presents a remarkable investment opportunity in Oldham County, Kentucky. Strategically located at the intersection of Highway 393 and I-71 in Buckner (zip code 40010), this PUD-zoned property boasts unparalleled visibility and accessibility. The site offers significant highway frontage along Highway 393, ensuring high traffic exposure for any development. Its proximity to I-71 provides convenient access for customers and employees. The asking price is $9,300,000, translating to $150,000 per acre. This land is ideally suited for retail or hospitality ventures, given its prime location and excellent area demographics. The property is conveniently situated next to a newly constructed Kroger store, further enhancing its desirability. The flexible zoning allows for subdivision, providing options for various development scenarios. Furthermore, there is potential for expansion with additional adjacent land available for acquisition. This presents a unique chance to secure a substantial tract of land in a rapidly growing area with strong potential for significant return on investment. Contact us today to learn more about this exceptional opportunity.

    Property Features for 393 & I-71 Hwy

    General Information

    Property type
    Land
    Lot Size
    2,700,720 SF

    HighLights

    • $9,300,000 asking price.
    • 62‑acre commercial land parcel.
    • PUD zoning.
    • $150,000 per acre land value.
    • High visibility Highway 393 frontage with I‑71 access.
    • Adjacent to a new Kroger.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    La Grange
    County
    Oldham
    State
    Kentucky
    Longitude
    -85.4269316
    Latitude
    38.3750872

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    FAQs

    What type of property is this?
    Land - Prime KY Commercial Land, I-71 Access
    Where is this land located?
    The property is located at 393 & I-71 Hwy La Grange, KY.
    What is the asking price?
    The asking price for this property is $9,300,000.
    What are key features of this property?
    This property features: $9,300,000 asking price.; 62-acre commercial land parcel.; PUD zoning.
    (502) 719-3221
    Request Owner's contact information
    393 & I-71 Hwy La Grange, KY 40010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    393 & I-71 Hwy La Grange, KY 40010
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