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    9707 Preston Spring Dr Louisville, KY 40229

    For Sale
    $625,000

    LAND - Louisville, KY

    Days on Market:
    216
    Last Refresh:
    Dec 9 at 1:06 pm

    Property Features for 9707 Preston Spring Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Premier Real Estate Services (502) 384-5944 [email protected]

    Listing agent Jay Pitts (502) 384-5944

    Listing date May 8, 2025

    MLS# 1681383 Listing URL

    Overview

    Land Development Opportunity, Louisville, KY

    This offering presents an opportunity to acquire the development rights for two parcels of land located at 4900 Crossing Spring Way and 9707 Preston Spring Dr in Louisville, KY. Approved plans are in place for the construction of 26 townhome-style condominiums across the two lots. All necessary utilities are present and ready to support the development.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.66642
    Latitude
    38.107366

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    FAQs

    What type of property is this?
    Land - Development rights for 26 townhome-style condos in Louisville, KY.
    Where is this land located?
    The property is located at 9707 Preston Spring Dr Louisville, KY.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Fully approved plans for **26 townhome-style condos**.; - Development rights included for two lots: 4900 Crossing Spring Way and 9707 Preston Spring Dr.; - All utilities are present and ready for construction.
    (502) 384-5944
    Request Owner's contact information
    9707 Preston Spring Dr Louisville, KY 40229
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    Louisville, KY 40229
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    9707 Preston Spring Dr Louisville, KY 40229
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