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Approved Multifamily and Hotel Land

Segler Drive Oak Grove, KY 42262

New
Segler Drive, Oak Grove, KY, 42262
$5,600,000
For Sale
$5,600,000

LAND - Oak Grove, KY

Lot Size29.42 Acres
Days on Market3

Property Features for Segler Drive

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Lot size
29.42 Acres
Listing agency REAL-STRONG PROPERTIES
Listed by Norman G Armstrong · License #203402
Added: Jul 20 Updated: Jul 22 at 10:34AM Checked: Jul 22 at 6:06PM
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 commercial development parcel is approved for 408 multifamily apartment units and includes an additional 1.5-acre site designated for a hotel. The offering comprises 29.42 acres of developable land with approx 1,400 +/- feet of road frontage, providing a configuration suited to a mixed-use development plan.

The property is located on Highway 41A in Oak Grove, Kentucky, just outside Gate 7 of Fort Campbell, and it is directly adjacent to Super Walmart. The proximity to these established nearby uses is part of the property’s appeal for developers seeking a high-visibility site in the Fort Campbell service corridor.

If you are looking for an infill-oriented land opportunity with entitlements already in place for multifamily and a hotel component, this site offers a clear development pathway based on the stated approvals.

Key Highlights

  • 29.42‑acre commercial development opportunity with approx 1,400 +/- road frontage
  • Approved for 408‑unit multifamily apartment development
  • Additional 1.5‑acre hotel site approved for separate development

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - Commercial development land approved for 408 multifamily units plus an additional hotel site with approx 1,400 feet of frontage.
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 opportunity with approx 1,400 +/- road frontage; Approved for 408‑unit multifamily apartment development; Additional 1.5‑acre hotel site approved for separate development
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More about this property
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