Middletown Fire Protection District Building & Land

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 28859387
Property Subtypes: Hospitality, Multi-Family, Retail-Pad
Status: Pending/Contingent
Gross Land Area: 6 - 9 Acres
Sale Price: $300,000 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/11/2017

Overview / Comments

The subject property is currently owned by the Middletown Fire Protection District. The owner desires to sell (6) excess acres located behind the fire station.

The site can be utilized for many different uses including retail, apartment, school, medical or senior living. The property is well located, with excellent demographics and is close to the I-265 interchange.

The property has frontage along Marcus Avenue which runs along the side of the property that borders the new Planet Fitness and on the rear the subject borders Meridian Hills Drive.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Submarket/Township: 08 - Douglas Hills / Hurstbourne / Middletown / Anchorage
Submarket Type: Suburban
Tax ID/APN: 043700080008
Zoning: R-4 - Residential Single Family District
Market Type: Large
Property Located Between: Urton Lane and Meridian Hills Drive
Side of Street: West
Road Type: 2-Track
Property Visibility: Good
Legal Description: The property will need to be platted separately from the fire station.
Largest Nearby Street: Shelbyville Road
Feet of Frontage: 378
Transportation: Bus, Highway
Highway Access: The site has easy access to the I-265 interchange.
Site Description: The existing fire station is positioned on the front of the site with surplus acreage located in the rear. The site is level with utilities, and driveways in place. The property has approximately 378 ' on Meridian Hills Drive and 780' along Marcus Avenue.
Area Description: Middletown is growing and has great demographics. Currently, GBT Development is constructing a power center in the northeast quadrant of the intersection of Shelbyville Road and English Station Road. Tenants that have been announced for this center include Academy Sports, Hobby Lobby, Chick Fil-A, AT&T and Tony Boomboz Pizza.
Lot Frontage: 378
Zoning Description: R-4 residential
Topography: Level
Easements: Utilities
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,824 39,785 146,183
Median Age: 46.13 43.48 40.04
Households: 1,555 16,214 59,600
© Copyright Kentucky Commercial Real Estate Alliance. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.