5122 Terry Rd, Louisville, KY 40216

Listing Agency: Duncan Commercial RE, LLC

Listed By: William Duncan Show Phone

Source: Kcrea.resimplifi

Added: Nov 13, 2025 Changed: Nov 1 Last Checked: Nov 14 at 2:15AM

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Investment Insights

Based on property information with market context.

This 2-acre development property is located at the corner of Terry Road and Raggerd Road. The level site is served by all utilities and includes a storm water detention basin. The property is ideally suited for multi-family or townhome development. A planned development is proposed to be built directly across the street from the site at 5127 Terry Road.

Key Highlights

• Prime development property, ready for your vision.
• All utilities available.
• Level site ready for development.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Law Firm Auto Repair Shop

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

142

Businesses Nearby

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Demographics for 40216, KY

43,434

Population

19,257

Households

2.3

Avg Household Size

40

Median Age

14%

College-Educated

87%

High-School Grad

15.7 sq mi

ZIP Area

2,766

Density / Sq Mi

$50,211

Median Household Income

$35,503

Median Earnings

$883

Median Rent

$154,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Development property with utilities, ideal for multi-family or townhomes.

Where is this residential land & home lot located?

The property is located at 5122 Terry Rd Louisville, KY.

What is the asking price?

The asking price for this property is $199,900.

What are key features of this property?

This property features: Prime development property, ready for your vision.; All utilities available.; Level site ready for development.