Multifamily Development Opportunity Near
1 Settlers Trace Road, Louisville, KY 40291
For Sale
$800,000
6.05-acre R-4 zoned land suitable for multifamily development.
Property SizeContact for details
Lot Size6.05 Acres
Days on Market293
Property Features for 1 Settlers Trace Road
General Information
Standard status
Lot size
Property subtype
Listing Agency:
Duncan Commercial RE, LLC
Listed By:
Suzanne Day Cheek
(502) 376-9680
Source:
Duncancre
Added: Jan 26
Changed: Nov 5
Last Checked: Nov 14 at 2:14AM
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 Duncan Commercial RE, LLC
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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.
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Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
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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
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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 $800,000.
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.
