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Louisville Land Multifamily Investment Opportunity
For Sale
$1,700,000

9311 Old 6 Mile Lane, Louisville, KY 40299

Prime location with approved plans for 60 units.

Property SizeContact for details
Days on Market171

Property Features for 9311 Old 6 Mile Lane

General Information

Standard status Active
Property subtype Land
Listing Agency:
Listed By: Clay F. Manley III
Source: Naiglobal
Added: Mar 6 Changed: Jul 10 Last Checked: Aug 23 at 3:00AM

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 Clay F. Manley III

Investment Insights

Based on property information with market context.

This property, located in the Louisville area, presents an investment opportunity with convenient access to Louisville's commercial and residential districts. The property has land entitlement and a plan approved for 60 units. East Louisville has a vacancy rate below 6%. Louisville has the highest Class A and B apartment rent growth in the county. The property's location provides easy access to amenities and services. Residents have easy access to shopping and dining options at Springhurst Towne Center and the shops along Bardstown Road. Outdoor recreational areas, including Tom Sawyer State Park and the trails at E.P. "Tom" Sawyer Park, are nearby. Downtown Louisville, known for its arts and entertainment scene, is a short drive away.

Key Highlights

  • Land entitlement and plan for 60 units approved.
  • Prime location in Jeffersontown.
  • East Louisville vacancy rate below 6%.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Grocery & Convenience Store Hotel & Motel (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

431
Businesses Nearby

Demographics for 40299, KY

43,030
Population
17,567
Households
2.4
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
54.0 sq mi
ZIP Area
797
Density / Sq Mi
$85,419
Median Household Income
$50,427
Median Earnings
$1,290
Median Rent
$274,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Prime location with approved plans for 60 units.
Where is this land located?
The property is located at 9311 Old 6 Mile Lane Louisville, KY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Land entitlement and plan for 60 units approved.; Prime location in Jeffersontown.; East Louisville vacancy rate below 6%.
More about this property
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