Multifamily Development Opportunity Near
For Sale
$960,000
1 Settlers Trace Road, Louisville, KY 40291
6.05-acre R-4 zoned land suitable for multifamily development.
Property Size6 SF
Lot Size6.05 Acres
Price / SF$160,000
Days on Market195
Property Features for 1 Settlers Trace Road
General Information
Standard status
Active
Size
6 SF
Lot size
6.05 Acres
Property subtype
Land
Listing Agency:
(502) 376-9680
Listed By:
Suzanne Day Cheek
(502) 376-9680
Source:
Corfac
Added: Jan 26
Changed: Aug 8
Last Checked: Jul 16 at 4:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Suzanne Day Cheek
Investment Insights
Based on property information with market context.
This 6.05-acre property is zoned R-4, presenting a potential opportunity for multifamily development. The site is located less than one mile from S. Hurstbourne Parkway and 1.5 miles from I-265, offering connectivity to major Louisville roadways. Development access is available via Wimsatt Way. The property is within walking distance of Fern Creek High School. The property is located between Hurstbourne Parkway and I-265, just north of Fern Creek High School.
Key Highlights
- 6.05‑acre property zoned R‑4, suitable for multifamily development.
- Highly accessible location less than one mile from S. Hurstbourne Parkway and 1.5 miles from I‑265.
- Walking distance to Fern Creek High School.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
Explore this area
Business Placement
Demographics for 40291, KY
39,719
Population
16,894
Households
2.4
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
22.6 sq mi
ZIP Area
1,757
Density / Sq Mi
$81,576
Median Household Income
$46,186
Median Earnings
$1,161
Median Rent
$264,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 6.05-acre R-4 zoned land suitable for multifamily development.
Where is this residential land & home lot located?
The property is located at 1 Settlers Trace Road Louisville, KY.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: 6.05‑acre property zoned R‑4, suitable for multifamily development.; Highly accessible location less than one mile from S. Hurstbourne Parkway and 1.5 miles from I‑265.; Walking distance to Fern Creek High School.
