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    12880 S Pope Lick Rd Louisville, KY 40299

    Pending
    For Sale
    $2,088,450

    LAND - Louisville, KY

    Lot size:
    37.80 Acres
    Days on Market:
    300
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 12880 S Pope Lick Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Lot size
    37.80 Acres

    Utilities

    Sewer type
    Public Sewer, Septic Tank
    Water source
    Public

    RPE Holdings, LLC (502) 425-6000 [email protected]

    Listing agent Charlotte M Smith (502) 425-6000

    Listing date Feb 18, 2025

    MLS# 1622329 Listing URL

    Overview

    Prime Acreage in Louisville, KY

    This 37.8-acre property in Louisville, KY, presents an excellent opportunity for building dream homes or developing fine home sites. Located just 1 mile off Blankenbaker Rd and Starbucks, the land offers potential for commercial use within the Suburban Workforce Form District. The property is an exquisite farm with endless possibilities, suitable for creating gorgeous private 5-acre tracts for building sites, which are in high demand in this area. Sewer potential exists at the back of the property; buyers should confirm details with MSD. The location is minutes from historic Middletown shops and restaurants, Parkland Parks, Valhalla and Midland Trail Golf, and Kroger. The property is also located 1 mile from the new Baptist Hospital on Bluegrass Pkwy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.513901
    Latitude
    38.216224

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    FAQs

    What type of property is this?
    Commercial land - Excellent acreage for building dream homes or developing home sites.
    Where is this commercial land located?
    The property is located at 12880 S Pope Lick Rd Louisville, KY.
    What is the asking price?
    The asking price for this property is $2,088,450.
    What are key features of this property?
    This property features: - Excellent acreage suitable for building dream homes or development into fine home sites.; - Potential for commercial use due to location in the 'Suburban Workforce Form District'.; - Sewer potential at the back of the property (buyer to confirm with MSD).
    (502) 425-6000
    Request Owner's contact information
    12880 S Pope Lick Rd Louisville, KY 40299
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    Louisville, KY 40299
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12880 S Pope Lick Rd Louisville, KY 40299
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