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169 Hearthstone Ln - Shovel-Ready Multifamily Opportunity 10 Acres of Commercial Land Offered at $2,520,000 in Elizabethtown, KY 42701
Investment Highlights
- 168-Unit Shovel-Ready Apartment Development
- R-6 Multifamily Zoning
- Entitlements in Place
- 10.0 Acres
- Fully Approved
- Strong Demand for New Multifamily Housing
Executive Summary
169 Hearthstone Lane presents a rare opportunity to acquire a 10-acre, shovel-ready multifamily development site in Elizabethtown, Kentucky. The property is zoned R-6 and is fully approved for the development of 168 apartment units, allowing a developer to move directly toward construction while significantly reducing entitlement risk and shortening the development timeline. The approved site plan provides an efficient layout designed to meet the growing demand for quality multifamily housing within the Hardin County market. Ideally positioned near major transportation corridors, retail amenities, Fort Knox, and regional employment centers, the property offers an exceptional opportunity to develop a new apartment community in one of Central Kentucky's strongest residential growth markets.
Property Facts
| Price | $2,520,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 10.00 AC |
| Property Type | Land | ||
| Zoning | R-6 - High-density residential district for multifamily housing. | ||
| Price | $2,520,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 10.00 AC |
| Zoning | R-6 - High-density residential district for multifamily housing. |
1 Lot Available
Lot
| Price | $2,520,000 | Lot Size | 10.00 AC |
| Price Per AC | $252,000.00 |
| Price | $2,520,000 |
| Price Per AC | $252,000.00 |
| Lot Size | 10.00 AC |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 182-40-00-004.03 | Improvements Assessment | $0 |
| Land Assessment | $1,050,000 | Total Assessment | $1,050,000 |
Property Taxes
Parcel Number
182-40-00-004.03
Land Assessment
$1,050,000
Improvements Assessment
$0
Total Assessment
$1,050,000
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169 Hearthstone Ln - Shovel-Ready Multifamily Opportunity