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    9300 Hayes Ave Louisville, KY 40291

    Sponsored
    For Sale
    $1,000,000

    17 Acres, Prime Residential Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 17-acre residential development site in Louisville, Kentucky, presents a unique investment opportunity. Located in the desirable Fern Creek neighborhood, this property boasts an ideal location off Fairground Road, less than a mile east of the Bardstown and Fairground intersection. The land, comprised of three parcels (APN: 005000330000, 00500105000, 00500140000) with addresses at 9300 Hayes Ave, 5807 Harrison, and 5815 Harrison, is zoned R-4 and features gravity sewers bisecting the eastern portion (see attached easement). The terrain is level to gently rolling, situated conveniently near Keeling Place, where homes sell for approximately $325,000. Multiple stub streets—Idlewood Lane to the north, Hines Mill Way to the south, and Hofelich Lane to the east—provide excellent access and support dense residential development. A lot yield study estimates the potential for 95 single-family lots. The property's proximity to Bardstown Road to the west and Billtown Road to the east ensures easy access to retail, shopping, schools, and employment centers. This family-held property, offered for sale for the first time, represents a compelling opportunity for significant residential development in a highly sought-after Louisville location. The asking price is $1,000,000, translating to $76,923 per acre.

    Property Features for 9300 Hayes Ave

    General Information

    Property type
    Land
    Lot Size
    740,520 SF

    HighLights

    • 17‑acre residential development site in Louisville's desirable Fern Creek neighborhood.
    • Potential for 95 single‑family lots.
    • Existing gravity sewer infrastructure.
    • Prime Fern Creek location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.5829163
    Latitude
    38.1630575

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    FAQs

    What type of property is this?
    Land - 17 Acres, Prime Residential Site
    Where is this land located?
    The property is located at 9300 Hayes Ave Louisville, KY.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 17-acre residential development site in Louisville's desirable Fern Creek neighborhood.; Potential for 95 single-family lots.; Existing gravity sewer infrastructure.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9300 Hayes Ave Louisville, KY 40291
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