Multifamily Development
5350 Dixie Hwy, Louisville, KY 40216
For Sale
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0.295 acre parcel zoned OR-2 for multifamily development.
Property SizeContact for details
Lot Size0.30 Acres
Days on Market878
Property Features for 5350 Dixie Hwy
General Information
Standard status
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Listing Agency:
Commonwealth Commercial Real Estate
Listed By:
Rhonda Karageorge · License KY #46762
(502) 379-6003
Source:
Crexi
Added: Jun 20, 2024
Changed: Oct 25
Last Checked: Aug 26 at 12:18PM
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 Commonwealth Commercial Real Estate
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Investment Insights
Based on property information with market context.
This 0.295 acre parcel is suitable for a multifamily development opportunity. Zoned OR-2, the land allows for the construction of 8 modern townhomes with 11 dedicated parking spaces. This property is intended to cater to the demand for quality housing. The site is located in a long-established residential area with existing apartment complexes. It is situated next to a Walmart Neighborhood Center, offering residents convenient shopping for groceries and essentials. The property also borders the Flintlock Arms Apartment Complex. Located between I-264 and I-265, the property is just off of Dixie Highway.
Key Highlights
- Multifamily development opportunity on .295 acre parcel.
- Zoned OR‑2, allowing construction of 8 modern townhomes.
- Dedicated 11‑car parking included.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
678
Businesses Nearby
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Business Placement
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 - 0.295 acre parcel zoned OR-2 for multifamily development.
Where is this residential land & home lot located?
The property is located at 5350 Dixie Hwy Louisville, KY.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: Multifamily development opportunity on .295 acre parcel.; Zoned OR‑2, allowing construction of 8 modern townhomes.; Dedicated 11‑car parking included.
