I-65 Industrial Acreage

2870 Weldon Loop Road Upton, KY 42784

2870 Weldon Loop Road, Upton, KY, 42784
2870 Weldon Loop Road, Upton, KY, 42784 2870 Weldon Loop Road, Upton, KY, 42784
FOR SALE
Property Type:
Other Land
Amount:
$1,800,000
Last Verified:
Aug 14, 2024

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Highlights

  • Zoned for versatile use
  • Prime location in Upton
  • Flexible investment potential
  • Ample space for development
  • Strategically positioned for visibility
  • Ideal for Land / Retail-Pad prospects
  • Proximity to major highways
  • Accessible and well-connected location
  • Surrounded by growing opportunities
  • Ready for commercial development
  • Promising investment for the future
  • Potential for high visibility
  • Suitable for diverse business ventures

Description

Explore the exceptional potential of this property, zoned for versatile use and strategically located in the thriving Upton area. With ample space for development, this prime investment opportunity offers a flexible and promising prospect for Land / Retail-Pad investors. Its strategic positioning for visibility and high traffic, combined with its proximity to major highways, ensures accessibility and exposure. This property presents a compelling opportunity for a diverse range of business ventures, and it is divisible if less acreage is needed. Furthermore, the projected population growth of around 22,000 people, along with the related manufacturing and service/logistics in adjoining counties to accommodate the growing EV sector, positions this property as an ideal choice for those seeking a promising investment with the potential for high visibility in a well-connected and growing location.

Interstate 65, Upton, KY interchange, property is ideally located on the east side of I-65 and approximately 8 miles from Blue Oval SK Battery Plant in Glendale, KY. Property is in the process of being annexed into Upton City Limits and will become part of the LaRue County Industrial Park. Water and Sewer infrastructure being updated and available through LaRue County Water Department.

Building Size: 0sq ft
Lot Size: 10.15 acres

Map of 2870 Weldon Loop Road, Upton, KY, 42784

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.