13410 Memphis-Blue Lick Road
Property Description
Potential for Retail, Multifamily, or Industrial Development ±21.46 acres of highly visible development land located just off I-65 at Exit 16 in Memphis, Indiana, within the Louisville MSA. The property features approximately 651 feet of frontage along I-65 and is situated less than a quarter mile from the off-ramp, providing excellent accessibility and exposure to over 47,000 vehicles per day. Comprised of three contiguous parcels and currently zoned primarily M-1 (Industrial) with a portion zoned Agricultural, the site offers immediate utility for industrial users while also supporting a variety of potential development strategies, including retail, multifamily, or a mixed-use concept. The property benefits from strong regional connectivity, with access to River Ridge Commerce Center in approximately 18 minutes and Downtown Louisville in roughly 25 minutes. The surrounding area is supported by a stable and growing population base, strong household incomes, and an established workforce. Additionally, an approximately 80-acre neighboring tract has been acquired by the Indiana National Guard and is planned for a consolidated armory, recruitment, and training facility serving Southern Indiana, bringing long-term institutional investment and increased activity to the immediate area. Ownership is flexible and willing to allow time for zoning changes and development approvals. The site can be acquired as a whole or subdivided to accommodate a range of users and development strategies. Investment highlights * ±21.46 Acres (3 Contiguous Parcels) * Zoned M-1 (Industrial) with Portion Agricultural * ±651 FT of I-65 Frontage * Less Than ¼ Mile from I-65 Exit 16 * ±900 FT of Frontage on Blue Lick Road Traffic Counts: * I-65: 47,395 AADT * Blue Lick Rd: 8,672 AADT Suitable for: * Industrial / Owner-User * Retail / Highway Commercial * Multifamily * Mixed-Use Development 18 Minutes to River Ridge Commerce Center ~25 Minutes to Downtown Louisville Proximity to Major Regional Industrial & Retail Hubs Neighboring 80-Acre Indiana National Guard Development (Planned) Seller Will Consider Selling All or Part Seller Open to Zoning & Entitlement Timelines
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Lot Size: | 21.46 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout