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Posted on 10/06/2019
Auction | 10.15± Acres of I-2 Heavy Industrial Land | Plus a Single-Family Brick Home | I-65 Corridor
Two 5+ Acre Industrial Lots on 10.15+/- Acres, a Brick Home on 1.66± Acres, or the Whole 11.81± Acres – Your Choice – Adjacent to the LaRue County Industrial Park
11.81± acres offered in three tracts and as a whole. Tracts 1 and 2 are 5± acre lots zoned I-2 Heavy Industrial. Tract 3 is the home on 1.66± acres, zoned residential. High bid is the greater of the three tracts combined or the whole.
Amended Record Plat divides the industrial ground into two I-2 lots of 5+ acres each and includes the home parcel, Land of Lincoln Planning & Zoning.
I-65 Exit 76 at Upton. Weldon Loop is immediately on the right off the ramp, and the property is visible from the interstate.
Heavy industrial zoning in place on Tracts 1 and 2 – no rezoning for warehousing, distribution, contractor yards, truck service or manufacturing. Land of Lincoln Planning & Zoning has described commercial rezoning as possible.
Already drawing truck-refueling and truck-parking interest along the I-65 corridor.
Utilities for Tracts 1 and 2: county water is available, and the LaRue County Industrial Park's larger water line runs on the east side of I-65.
Road frontage on Weldon Loop for Tracts 1 and 2 per the Record Plat. Tract 3 fronts Upton Talley Rd.
Tract 3: one-story brick and frame home, 1,596± sq ft, 3 bedrooms, 1 full bath and a 594± sq ft basement, with a metal hip roof, open porch and deck, paved drive, an older barn and a storage shed.
Tract 3 adjoins the industrial ground. Keep a manager or caretaker next to the site or buy it on its own as a rental with a lease in place.
15 minutes to Elizabethtown, between Exit 71 (Bonnieville) and the Hardin County exits, including the Glendale Megasite, home of Ford Energy.
Tract 3 is tenant-occupied under a lease through August 2027 at $1,200 per month and sells subject to the rights of all tenants in possession. A copy of the lease will be available to bidders. Home details are from the LaRue County PVA record and are approximate.
Online Bidding Ends Nov. 18th at 3:00PM ET
Property Address: 2870 Weldon Loop, Upton, KY 42784
In cooperation with eXp Commercial | Action Advisors, LLC - Jeff Farmer, Commercial Broker #181853
Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998
10% Buyer's Premium and other terms apply.
Contact Jeff Farmer at 270-268-5315
