1033 Zorn Ave Louisville, KY 40207-1047
This exceptional 1.33-acre commercial land parcel presents a unique investment opportunity in Louisville, Kentucky. Strategically located at the high-traffic corner of I-71 (90,000 Average Daily Traffic) and Zorn Ave (13,000 ADT), this property boasts unparalleled visibility and accessibility. Currently zoned C2, it has already received approval for a 143-room hotel development, significantly reducing pre-construction hurdles. The site includes a valuable sign pole offering prominent interstate visibility, maximizing marketing potential. Further enhancing its appeal is a tourism sales tax exemption for construction materials, resulting in substantial cost savings for developers. Situated just 8 minutes from downtown Louisville, this location benefits from proximity to the city's vibrant core while maintaining easy access to major transportation arteries. The property's Jefferson County APN is 088K00900000. The asking price is $2,495,000, translating to $1,875,939 per acre. This is a rare chance to acquire a prime commercial site with pre-approved development plans and significant cost-saving incentives. Don't miss this opportunity to capitalize on Louisville's thriving economy and prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2-COMMERCIAL · Louisville, KYCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.