Marcus & Millichap is pleased to present a 15.21 acre land offering in the expanding Elizabethtown market. Currently zoned R5, this provides an opportunity for multifamily, single family , or a mixed development.
SUPERIOR ECONOMIC FUNDAMENTALS
Elizabethtown is home to a diverse set of economic drivers which include Baptist Health a primary hospital, a strong manufacturing and industrial sector, and a myriad of retail trades. The Elizabethtown market has also experienced a bustling expansion. BlueOval, Ford’s SK battery manufacturing plant, is slated to bring 5,000 new jobs to Glendale, KY. Furthermore, Elizabethtown has 80+ manufacturing plants with over 9,200 employees, the leading plants are: Akebono Breake (1,300 employees), Metalsa Structural Products (1,700 employees), and Aletec industries (700 employees) according to Costar.
LOUISVILLE’S BEDROOM COMMUNITY
Elizabethtown is Louisville’s bedroom community with a 45 minute drive to KY’s largest city. The i65 corridor between Louisville and Elizabethtown is growing rapidly. Shepherdsville located South of Louisville and between Elizabethtown has experienced explosive growth with an array of new production and manufacturing facilities such as a $165MM Jim Bean visiting center, a $41MM Walmart ecommerce fulfillment center with additional acres available for industrial expansion.