Approved Multifamily and Hotel
For Sale
$5,600,000
Segler Drive, Oak Grove, KY 42262
LAND - Oak Grove, KY
Property SizeContact for details
Lot Size29.42 Acres
Days on Market49
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: Jul 22
Last Checked: Sep 5 at 11:06PM
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.
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
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
Questions? Ask Rey
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Frequently Asked Questions
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
