Highly Visible Commercial Lot in Danville

Vacant Land for Sale
Catylist Listing ID: 30853163
Property Subtypes: Hospitality, Office, Retail, Retail-Pad
Gross Land Area: 1.30 Acres
Sale Price: $420,000
Unit Price: $323,076 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2023

Overview / Comments

Hightower Drive, Tract 4 is a highly visible 1.298 acre site located in Danville, KY. The site, accessed from Hightower Drive and visible from the widely traveled S. Danville Bypass, is zoned Highway Business.

The lot is located in Danville's primary retail corridor and connects retail to Danville's healthcare system, Centre College, the Central Business District, and significant residential support. It is a tenth of a mile from the newly developed Centre Estates Retail Center which includes retailers such as Cattleman's Roadhouse, Buffalo Wings & Rings, Asuka Japanese Steakhouse, Holiday Inn Express & Suites, and Hampton Inn Danville. It is also in close proximity to Walmart Supercenter, Kroger, Lowe's, and the recently announced Chick Fil A that is being developed in front of Lowe's.

The site is flat and all utilities are available. It is well positioned for retail or hospitality use.

Attachments & Media

Additional Details

Nearest MSA: Danville
County: Boyle
Zoning: HIGHWAY BUSINESS
Property Visibility: Excellent
Largest Nearby Street: South Danville Bypass
Area Description: Danville, the county seat of Boyle County, is located 35 miles southwest of Lexington, KY. Danville is home to the beautiful Centre College which was established in 1819 and boasts 1,400 students and 150 full-time faculty members. The Ephraim McDowell Regional Medical Center is another significant economic driver in Danville with its 222-bed hospital that services more than 119,000 residents from six counties. Danville, previously named a Top 10 Best Small Town in America, boasts a vibrant downtown, an expanding Bourbon scene, and many arts/entertainment venues and festivals.
Zoning Description: Highway Business District
Available Utilities: Electric, Water, Gas, Sewer

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,938 13,511 24,440
Median Age: 41.39 37 39.86
Households: 1,737 5,314 9,696
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions.