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1512 S 7th St 1.09 Acres of Commercial Land Offered at $299,000 in Louisville, KY 40208

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EXECUTIVE SUMMARY

Development land zoned EZ 1 and Opportunity Zone which provides tax advantages. Engineering plans already completed and approved. Phase 1 Environmental Study completed. Ready for contractor to submit and start building. Waiver already granted by City of Louisville for warehouse suites. See attached sample of plans. All site improvement plans included with purchase of this property. There is a high demand for smaller contractor space, however this can be developed into just about anything. This is in a prime location near the University of Louisville, 1.5 miles from Central Business District, 2 miles from Church Hill Downs and 5 miles from Louisville Muhammad Ali International Airport. Daily Traffic count is 18,700.

223032-E2 - 7th Street Warehouse Suites - Site Improvement Plans - 08-27-24 (3)

PROPERTY FACTS

Price	$299,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Retail Apartment Units Apartment Units - Dorms Hold For Development Retail Warehouse Warehouse
No. Lots	1	Total Lot Size	1.09 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	EZ-1 - Most liberal zoning in the city of Louisville. This is also in the opportunity zone. The city no longer provides EZ-1 zoning.

Price	$299,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Apartment Units Apartment Units - Dorms Hold For Development Retail Warehouse Warehouse
Total Lot Size	1.09 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	EZ-1 - Most liberal zoning in the city of Louisville. This is also in the opportunity zone. The city no longer provides EZ-1 zoning.