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Shelton Lane

75.3 Acres of Industrial Land Offered at $1,882,500 in Russellville, KY 42276

Executive Summary

The Shelton Lane Industrial Park is an existing industrial park near downtown Russellville, KY. The park is home to several manufacturing facilities. Included in the park is a ~10-acre Kentucky Certified Build Ready Site with an 100,000 sf building pad, expandable. A one-half mile long industrial access road connects the park to the Russellville US 431- US 68 four lane divided, limited access bypass and four-lane divided highway access to I-165, I-65 and I-24. A rail spur easement is in place to allow construction of a quarter mile RJ Corman Railroad spur to the Build Ready site. All due diligence is on file for review and the site is ready for immediate possession and construction. Minimum divisibility of land is negotiable.

Property Facts

Price $1,882,500
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Industrial Park
  • Warehouse
Total Lot Size 75.30 AC

1 Lot Available

Lot

Price $1,882,500
Price Per AC $25,000
Lot Size 75.30 AC

Certified Pad-Ready on Site 100,000 Square Foot, expandable

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Nashville
669,053
52
1 h 16 m
Indianapolis
867,125
264
5 h 1 m
Columbus
892,533
358
6 h 55 m
Chicago
2,705,994
445
8 h 29 m
Charlotte
872,498
448
8 h 56 m
Detroit
672,662
506
9 h 37 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
19,027
Total Labor Force
8,920
Unemployment Rate
4.50%
Median Household Income
$53,805
Warehouse Employees
2,456
High School Education Or Higher
90.10%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
068-00-00-014-06
Land Assessment
$515,550
Improvements Assessment
$0
Total Assessment
$515,550

zoning

Zoning Code I-2 (Industrial)
I-2 (Industrial)
  • Listing ID: 19859131

  • Date on Market: 6/10/2020

  • Last Updated:

  • Address: Shelton Lane, Russellville, KY 42276

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