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Tuesday, April 9, 2013

Commercial Land - New Listing on I-65 Interchange


I have a new Commercial Land listing on an Interstate Interchange in Shepherdsville, KY.   There are 77 acres on the southeast quadrant of I-65 and Hwy 44.  It is situated at exit 117 of I-65, 11 miles from Louisville International Airport and UPS World Port.    This property has great highway visability with approximately 2500 feet of frontage on I-65.   All utilities are available.  For sale at $120,000 per acre.  

For more information on this listing or other Commercial Land, give me a call or e-mail me.   My contact information is below.

Thanks and have a great day! 

David

David W. McCoy, MBA
Associate Broker
Commonwealth Commercial Real Estate
10444 Bluegrass Parkway
Louisville, KY  40299

office: (502) 379-6005
cell: (502) 905-5274
e-mail: DMcCoy@ccre.biz

Note - If you have questions about this or about any Commercial Real Estate, please feel free to contact me.   I am a specialist in Commercial Real Estate and I handle Office, Industrial, Commercial Land, Investment and Retail Properties.  I work with Landlords, Tenants, Sellers, Buyers and Investors.     I am also an International Property Specialist and have specialized training to help international real estate investors with real estate needs here as well as US citizens and companies needing assistance internationally.   Heck, I can even set you up with residential help if you need it.    Give me a call.  I would love to help.

Disclaimers - While the information provided is from sources which we deem to be reliable, Commonwealth Commmercial Real Estate cannot warrant this information.    All information provided is subject to review and verification by the interested party as part of the due diligence process. 


Wednesday, April 3, 2013

County Foreclosure Surprise

Some folks claim that a real estate license amounts to a license to be nosy. 

Being a real estate broker AND a curious sort, I regularly check out the County Foreclosure list published in the Courier Journal on Wednesdays.   If you have not checked it out, it is published on Wednesdays in the Classified, which is in the Metro Section of the Paper.    There is an ad run by the Jefferson County Circuit Court which is titled COMMISSIONERS SALE, MASTER COMMISSIONER.  Following that title is a list of the upcoming foreclosures for auction.  

Today, I discovered that Meidinger Tower is scheduled to go to foreclosure auction on Tuesday, April 23.     According to the posting, the foreclosing party is seeking to raise $29,172,987.65 to satisfy their debt.

I suppose it shouldn't have been a great surprise.  Meidinger Tower lost their name sake tenant a year or two ago, when they moved to Aegon Tower.   With the principal tenant gone, they have had a lot of vacant space.  

Still, I hate for anyone to face hard times.

Anyway, it's amazing what you might find when you pay attention.  I will be curious to see if this makes it to auction and who ultimately ends up controlling the property. 

Have a great day everyone!  Thanks for reading.

David

David W. McCoy, MBA CIPS e-PRO
Associate Broker
Commonwealth Commercial Real Estate
10444 Bluegrass Parkway
Louisville, KY  40299

ofc: (502) 379-6005
cel: (502) 905-5274
e-mail: DMcCoy@ccre.biz