- For sale
Oak Grove Village is a 110-acre tract of land in Oak Grove, KY. It is well located to service a
large trade area as the property is located just north of the Tennessee / Kentucky state line
and minutes from Interstate 24 (40,737 vpd KDOT 2019). The project is located one hour from
Nashville, TN. Recently the Churchill Downs Racing & Gaming Facility opened 1.5 mile to the
south on Fort Campbell Boulevard. This $200 million, mixed-use project includes a hotel, casino,
race track, indoor event space and more.
As demonstrated by Churchill Downs Racing & Gaming’s site selection, Oak Grove has the
infrastructure and ability to serve as a convenient and attractive regional trade area. Within 45
minutes of Oak Grove Village, there are more than 361,000 residents and 133,986 households.
The trade area’s projected population growth between 2021 and 2026 is 1.15% annually, which
out-paces Kentucky’s 0.45% annual growth rate for the same period. The median household
income totals $54,165 annually, and the average household income is $70,690 annually.