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Hurstbourne Parkway Multi-Family Development Land
For Sale
$150,000

7000 Ridge Creek Rd, Louisville, KY 40291

Multi-family zoned land with approved development plan for 192 units.

Property Size14 SF
Lot Size14.00 Acres
Price / SF$10,714
Days on Market195

Property Features for 7000 Ridge Creek Rd

General Information

Standard status Active
Size 14 SF
Lot size 14.00 Acres
Property subtype Land
Listing Agency: Duncan Commercial RE, LLC
Listed By: Suzanne Day Cheek
Source: Corfac
Added: Jan 26 Changed: Aug 8 Last Checked: Jul 16 at 8:10AM

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 Duncan Commercial RE, LLC

Investment Insights

Based on property information with market context.

This multi-family zoned land is located on Hurstbourne Parkway. The approved development plan allows for a density of 192 dwelling units. The site features a gently sloping, wooded terrain and benefits from gravity sanitary sewers. It offers excellent visibility with a high traffic count of 22,000 cars per day. The location is near affluent residential areas, daytime employment centers, and numerous retail centers. Situated in Fern Creek on Hurstbourne Parkway, the wooded site lies between S. Watterson Trail and Fegenbush Lane. The property is zoned R-6 and has direct frontage on Hurstbourne Parkway. It is less than half a mile from GE Appliance Park, Mercy Academy, and World Port Distribution Center, with easy access to both I-65 and I-64. The property size is 14 acres.

Key Highlights

  • Approved development plan for 192 dwelling units (DU)
  • Multi‑family zoned land on Hurstbourne Parkway (R‑6)
  • Excellent visibility with high traffic count (22,000 cars per day)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Law Firm Big Box & Wholesale Store

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

52
Businesses Nearby

Demographics for 40291, KY

39,719
Population
16,894
Households
2.4
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
22.6 sq mi
ZIP Area
1,757
Density / Sq Mi
$81,576
Median Household Income
$46,186
Median Earnings
$1,161
Median Rent
$264,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Multi-family zoned land with approved development plan for 192 units.
Where is this residential land & home lot located?
The property is located at 7000 Ridge Creek Rd Louisville, KY.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Approved development plan for **192 dwelling units (DU)**; Multi‑family zoned land on Hurstbourne Parkway (R‑6); Excellent visibility with **high traffic count (22,000 cars per day)**
More about this property
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