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Multifamily Development Land
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8016 Shepherdsville Road, Louisville, KY 40219

Nearly 19 acres of approved land for development of 264 multifamily units in Louisville’s south end.

Property SizeContact for details
Lot Size19.00 Acres
Days on Market121

Property Features for 8016 Shepherdsville Road

General Information

Standard status Active
Lot size 19.00 Acres
Property subtype Multifamily, Land

Additional Details

Multifamily Units 264
Listing Agency: Colliers
Listed By: Taylor Thompson · License #276443
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 12:55AM

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 Colliers

Investment Insights

Based on property information with market context.

This nearly 19-acre development site has been approved for the construction of 264 multifamily units. The property is offered for sale and is currently presented as an approved multifamily development opportunity.

Located in Louisville’s south end near major workforce-driven employment bases, the site is also positioned in the area of the Jefferson Mall and the surrounding Outer Loop corridor.

The listing highlights the site’s development approval for a 264-unit multifamily project.

Key Highlights

  • Nearly 19 acres approved for the development of 264 multifamily units
  • Development site located in Louisville’s south end

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

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

Lease Details

264
Residential units

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby

Demographics for 40219, KY

40,300
Population
16,699
Households
2.4
Avg Household Size
37
Median Age
20%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
2,705
Density / Sq Mi
$52,271
Median Household Income
$37,108
Median Earnings
$967
Median Rent
$186,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Nearly 19 acres of approved land for development of 264 multifamily units in Louisville’s south end.
Where is this residential land & home lot located?
The property is located at 8016 Shepherdsville Road Louisville, KY.
What are key features of this property?
This property features: Nearly 19 acres approved for the development of 264 multifamily units; Development site located in Louisville’s south end
More about this property
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