Interstate Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30786108
Property Subtypes: Hospitality, Multi-Family, Residential (Single Family), Retail, Retail-Pad, Self Storage
Gross Land Area: 9.50 Acres
Sale Price: See Agent
Land Splits Available: Yes
Sale Terms: Cash to Seller, Purchase Money Mortgage
Last Updated: 11/30/2023

Overview / Comments

Interstate adjacent land ready for development. Located in Hanson, Kentucky along I-69 at Exit 49. This exit is the home to a Walmart Supercenter constructed in 2016, an Ideal Market (c-store) added in 2018, and a Love's Travel Center (2018).

Located at the west side of this intersection is a large Carhartt distribution facility and the Kentucky Department of Veterans Affairs 156-bed nursing facility and assisted living facility.

Land can be divided but the current is offer priced as follows:

North 3.1 AC parcel at $3.12/SF - Located along Factory Outlet Drive and closest to the Walmart, this lot has great visibility thanks to a bend in the road putting this lot on an outside corner.

Interstate Frontage 6.396 AC parcel at $3.70/SF - This land has maximum visibility sitting over the interstate. This parcel is a large enough lot that it could be developed with multiple uses such as a hotel, shopping center, multiple restaurants, etc.

This site is situated along I-69/Pennyrile Parkway in west-central Kentucky equal distance from Evansville, Indiana to the north and Clarksville, Tennessee to the south. The nearest large cities are Nashville (112 miles) to the SE and Louisville (158 miles) to the NE.

Attachments & Media

Additional Details

Nearest MSA: Madisonville
County: Hopkins
Tax ID/APN: HAN 18-2A and 18-2A-1
Property Visibility: Excellent
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,050 12,788
Median Age: 40.53 42.72
Households: 2,001 5,085


Photograph of Listing Agent

Scott Edmond CCIM

SVN | The Martin Group ICREX Member
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