6501 Old New Cut Rd, Fairdale, KY 40118

Commercial property for lease

  • Description
  • Offering an already zoned large apartment community development opportunity. Although current zoning (R-7 & R-5A) allows a maximum density on this land for over 900 apartment units, the lay of the land would nicely accommodate a 400 unit development without impacting the existing floodway/floodplain on the east side of the property adjacent to New Cut Road or requiring extensive site work on the west side of the property where the elevation rises and unstable soils are located. Prior development plan (copy available in the documents section of this listing) was site planned for 420 units with both open and sheltered parking and numerous community amenities including a clubhouse, pool, athletic courts, walking trails and more. This will be the best apartment community in this part of the metropolitan area. Building price details: $3,000,000.
  • Contact info
  • Donald R Erler
    Don Erler Real Estate Broker
  • Note
  • Details Info about this row that located on 6501 Old New Cut Rd, Fairdale, KY 40118 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • Property Type: Commercial (Other)
    Status: Available
    Price: $ 98,457 +/Acre
    Lot Size: 30.470 Acres
    Submarket: Multi-Family
    MSA: Louisville/Jefferson County
    Zoning: R-7 - Residential Multi-Family District
    Buildings: 1
    Terms: Cash to Seller, Owner Financing, Other
    Added: 11/22/2017

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