Entitled Townhome Development
For Sale
$699,000
7402 Beulah Church Rd, Louisville, KY 40228
2.17-acre parcel with approved R5-A rezoning and preliminary plan for 25 townhome units, with public water and sewer confirmed.
Property SizeContact for details
Lot Size2.17 Acres
Days on Market60
Property Features for 7402 Beulah Church Rd
General Information
Standard status
Active
Lot size
2.17 Acres
Property subtype
Multifamily Land
Zoning
R5-A Multi-Family Residential
Financials
Cap Rate
4.12%
Business Included
Yes
Additional Details
Utilities to Site
Yes
Multifamily Units
25
Listing Agency:
eXp Commercial | Kentucky
(502) 640-3622
Listed By:
Sam Griffin, CCIM, CBI, NACREP · License ##207824
(502) 640-3622
Source:
Thebrokerlist
Added: Jun 11
Changed: Aug 8
Last Checked: Jul 16 at 2:19AM
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 eXp Commercial | Kentucky
Investment Insights
Based on property information with market context.
A 2.17-acre development site offered for sale as a turnkey-ready package. The property has been rezoned to R5-A Multi-Family Residential by Louisville Metro Council Ordinance No. 032, Series 2026 (approved March 6, 2026), and is cleared for a plan that supports 25 townhome units across two combined parcels. A preliminary development plan has been approved by the Louisville Metro Planning Commission (Case No. 25ZONE0098), with engineered site plan elements including a detention basin, parking, tree canopy, and MSD compliance. Architectural elevations have been prepared for modern farmhouse-style 2-story townhomes, shown in 4-, 10-, and 11-unit building configurations. Public water and public sewer are confirmed on-site.
The offering includes two lots: 7402 Beulah Church Rd and 7903 E Manslick Rd. The project’s planning approvals and engineered and architectural work are included in the development package as described in the provided materials.
This site is designed for a buyer who wants to move forward with a multi-family townhome development using already-completed entitlements and plans. The package includes the rezoning ordinance and preliminary plan approvals, along with site and architectural documentation and utility confirmations, which can help reduce early-stage feasibility and pre-development work. The seller has also provided rental-income and cap rate analysis estimates based on comparables and assumes a moderate expense ratio; any buyer should review and underwrite with their own unit sizes, finishes, and pro forma assumptions.
The offering includes two lots: 7402 Beulah Church Rd and 7903 E Manslick Rd. The project’s planning approvals and engineered and architectural work are included in the development package as described in the provided materials.
This site is designed for a buyer who wants to move forward with a multi-family townhome development using already-completed entitlements and plans. The package includes the rezoning ordinance and preliminary plan approvals, along with site and architectural documentation and utility confirmations, which can help reduce early-stage feasibility and pre-development work. The seller has also provided rental-income and cap rate analysis estimates based on comparables and assumes a moderate expense ratio; any buyer should review and underwrite with their own unit sizes, finishes, and pro forma assumptions.
Key Highlights
- 2.17‑acre development site in Louisville Metro with approved R5‑A rezoning for 25 townhome units across two parcels
- Rezoning approved via Louisville Metro Council Ordinance No. 032, Series 2026, signed and approved March 6, 2026
- Preliminary development plan approved by Louisville Metro Planning Commission (Case No. 25ZONE0098)
Property Analytics
Property Profile
Current Use
Lease Details
25
Residential units
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Explore this area
Business Placement
Demographics for 40228, KY
18,655
Population
7,629
Households
2.4
Avg Household Size
40
Median Age
30%
College-Educated
95%
High-School Grad
8.7 sq mi
ZIP Area
2,144
Density / Sq Mi
$75,762
Median Household Income
$45,430
Median Earnings
$1,370
Median Rent
$220,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.17-acre parcel with approved R5-A rezoning and preliminary plan for 25 townhome units, with public water and sewer confirmed.
Where is this residential land & home lot located?
The property is located at 7402 Beulah Church Rd Louisville, KY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2.17‑acre development site in Louisville Metro with approved R5‑A rezoning for 25 townhome units across two parcels; Rezoning approved via Louisville Metro Council Ordinance No. 032, Series 2026, signed and approved March 6, 2026; Preliminary development plan approved by Louisville Metro Planning Commission (Case No. 25ZONE0098)
