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- LoopNet Team
Fort Campbell Blvd
Oak Grove, KY 42262
Investment Opportunity · Land For Sale
·
110.00 AC
INVESTMENT HIGHLIGHTS
- Fort Campbell has an on-base pop. of approx. 234,900, incl. 27,057 active Military, 71,106 retired Military, 51,480 family members & 6,340 civilians.
- Site shares a traffic signal with Fort Campbell Military Base’s Gate 7
- Population within 45-minute drive-time exceeds 300,000 residents
- Convenient access to Interstate 24 (73,806 VPD 2021) & Fort Campbell Blvd (41,151 VPD 2022)
- Clarksville, TN is located southeast of the site with a population totaling approximately 169,540 (2021)
PROPERTY FACTS
DESCRIPTION
Oak Grove Village is a 110-acre tract of land in Oak Grove, KY. It is well located to service a large trade area as the property is located just north of the Tennessee / Kentucky state line and minutes from Interstate 24 (40,737 vpd KDOT 2019). The project is located one hour from Nashville, TN. Recently the Churchill Downs Racing & Gaming Facility opened 1.5 miles to the south on Fort Campbell Boulevard. This $200 million, mixed-use project includes a hotel, casino, race track, indoor event space, and more. As demonstrated by Churchill Downs Racing & Gaming’s site selection, Oak Grove has the infrastructure and ability to serve as a convenient and attractive regional trade area. Within 45 minutes of Oak Grove Village, there are more than 361,000 residents and 133,986 households. The trade area’s projected population growth between 2021 and 2026 is 1.15% annually, which out-paces Kentucky’s 0.45% annual growth rate for the same period. The median household income totals $54,165 annually, and the average household income is $70,690 annually.
