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    12900 Christman Dr Louisville, KY 40229

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    For Sale
    $6,626,115

    Development opportunity: Penn Run Golf Course in Jefferson County.

    Lot size:
    147.25 Acres

    Property Features for 12900 Christman Dr

    General Information

    Lot size
    147.25 Acres

    Source: Duncan Commercial RE, LLC Agent Suzanne Cheek

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

    Overview

    Penn Run Golf Course Land

    An opportunity exists to purchase the Penn Run Golf Course, situated off Christman Drive in southern Jefferson County. The property is located just east of Preston Highway. The northern portion of the property encompasses 91 acres in Jefferson County, while the southern portion includes 56 acres in Bullitt County. Access to the site is available via Mt. Washington Road to the north, Hasbrook Drive to the west, and Ashbrooke Gardens Drive to the south. The property is currently operating as Penn Run Golf Course.
    Insight Report Location Intelligence

    Current Use by Public Records

    Penn Run Golf ... Golf Course

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.6496
    Latitude
    38.082152

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    FAQs

    What type of property is this?
    Land - Development opportunity: Penn Run Golf Course in Jefferson County.
    Where is this land located?
    The property is located at 12900 Christman Dr Louisville, KY.
    What is the asking price?
    The asking price for this property is $6,626,115.
    What are key features of this property?
    This property features: - Unprecedented development opportunity on a large 147-acre land area.; - 91 acres are situated in Jefferson County, with the remaining 56 acres in Bullitt County.; - Currently operating as Penn Run Golf Course.
    (502) 376-9680
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    12900 Christman Dr 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
    12900 Christman Dr Louisville, KY 40229
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