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    5127 R Land Cross Dr Louisville, KY 40216

    For Sale
    $860,000

    35 acres of land suitable for residential development.

    Property size:
    35 SF
    Lot size:
    35.00 Acres

    Property Features for 5127 R Land Cross Dr

    General Information

    Size
    35 SF
    Lot size
    35.00 Acres

    Source: Bill Menish Agent Bill Menish

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Redevelopment Opportunity in Louisville

    This property presents a residential redevelopment opportunity in Pleasure Ridge Park, south of Downtown Louisville, Kentucky. The site includes just over 13 acres of flat land ready for development on Terry Lane. An additional 8.22 acres located directly behind the initial parcel to the southeast are suitable for water retention. The remaining 13.98 acres, running to the east-northeast, contain power towers, a natural gas line, and a sewer line. The property offers visibility on Terry Road and is suitable for patio homes, apartments, single-family homes, or single-family rentals. The property is located on the east side of Terry Road, just north of Murray Lane, and has sewer access. All utilities are available. The total area for sale is 35 acres.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.8362
    Latitude
    38.1891

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    FAQs

    What type of property is this?
    Land - 35 acres of land suitable for residential development.
    Where is this land located?
    The property is located at 5127 R Land Cross Dr Louisville, KY.
    What is the asking price?
    The asking price for this property is $860,000.
    What are key features of this property?
    This property features: - 13 acres are flat and ready for residential development.; - Excellent location on Terry Road with great visibility.; - All utilities are available (power, natural gas, sewer).
    (502) 939-0399
    Request Owner's contact information
    5127 R Land Cross Dr Louisville, KY 40216
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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
    5127 R Land Cross Dr Louisville, KY 40216
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