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    9300 Hayes Ave Louisville, KY 40291

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    For Sale
    $1,500,000

    Residential or apartment development site in the heart of Fern Creek.

    Lot size:
    26.55 Acres

    Property Features for 9300 Hayes Ave

    General Information

    Lot size
    26.55 Acres

    Source: Duncan Commercial RE, LLC Agent Suzanne Cheek

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

    Overview

    Residential Development Site in Fern Creek

    This residential or apartment development site is located off Fairground Road in the heart of Fern Creek, less than one mile east of the Bardstown and Fairground intersection. The land, consisting of approximately 17 acres, is level to gently rolling and is situated just north of the Keeling Place subdivision. Gravity sewers bisect the eastern portion of the land. The property has one stub street to the south, Hines Mill Way and Hofelich Lane to the east and is ideal for dense residential development. An attached easement is available for review. The exact configuration of the acreage shall be agreed upon by buyer and seller. An estimated lot yield study suggests a potential of 55 single-family lots. There is a possible connection through the seller-retained land to Idlewood Way.
    Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -85.5855576
    Latitude
    38.1639429

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    FAQs

    What type of property is this?
    Land - Residential or apartment development site in the heart of Fern Creek.
    Where is this land located?
    The property is located at 9300 Hayes Ave Louisville, KY.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Ideal for dense residential development with an estimated yield of 55 single-family lots.; - Located in the heart of Fern Creek, less than one mile east of the Bardstown and Fairground intersection.; - Level to gently rolling land, suitable for construction.
    (502) 376-9680
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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
    9300 Hayes Ave Louisville, KY 40291
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