Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5926 Watterson Trl Louisville, KY 40291

    Sponsored
    For Sale
    $1,747,000

    Prime Louisville location, high traffic, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.18-acre commercial land parcel presents a unique investment opportunity in Louisville, Kentucky. Situated at the hard corner of Hurstbourne Parkway and S. Watterson Trail, this property boasts unparalleled visibility and accessibility. With an average daily traffic count exceeding 22,000 vehicles, this site offers exceptional exposure to a high volume of potential customers. The R-4 zoning permits a variety of commercial development options. The location is highly desirable, midway between I-64 and I-65, providing convenient access to major transportation arteries. Nearby landmarks include Mercy Academy, GE/Haier Appliance Park, UPS, and Willow Green Apartments, indicating a thriving and affluent surrounding community. This level lot offers immediate road frontage on Hurstbourne Parkway, a rare find in this highly sought-after area. Furthermore, the property's strategic location within the booming Fern Creek trade area enhances its investment appeal. The potential for significant development is further amplified by the possibility of combining this parcel with four adjacent properties to create a substantial 25-acre site. This is an exceptional opportunity to acquire a prime commercial land parcel in a rapidly growing market. The asking price is $1,747,000.

    Property Features for 5926 Watterson Trl

    General Information

    Property type
    Land
    Lot Size
    182,081 SF

    HighLights

    • 4.18‑acre commercial land parcel in Louisville, KY, at the hard corner of Hurstbourne Parkway and S. Watterson Trail.
    • Exceptional visibility and accessibility with over 22,000 average daily traffic count.
    • R‑4 zoning allows for diverse commercial development options.
    • Level lot with immediate road frontage on Hurstbourne Parkway.
    • Potential to combine with adjacent properties for a 25‑acre development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.6138128
    Latitude
    38.1620303

    Nearby Similar for Sale

    • New
      $5,900,000
      Pending

      50-Unit Apartment Complex in Louisville

      50-unit apartment complex with varied unit styles and recent renovations.
      108 E Florence Ave, Louisville, KY 40214
      View Details
    • $250,000
      5,446 SF

      Victorian Multi-Family Building in Louisville

      Spacious three-story Victorian multi-family building with fireplaces.
      Louisville, KY 40203
      View Details
    • $600,000
      3,883 SF

      Historic Highlands Triplex Opportunity

      Charming triplex in Louisville's desirable Highlands/Parkside corridor.
      2073 Sherwood Ave, Louisville, KY 40205
      View Details
    • $670,000
      3,731 SF

      Louisville Commercially Zoned Rental Property

      Commercially zoned rental property in Louisville, operating as mid-term rental.
      320 E College St, Louisville, KY 40203
      View Details
    • New
      $349,900
      3,448 SF

      Renovated Home Plus Quadplex

      Unique investment: renovated home plus quadplex on large lot.
      1731 Meyers Ln, Louisville, KY 40216
      View Details
    • $349,900
      0.95 Acres

      Louisville Commercial Property For Sale

      Versatile commercial property with redevelopment potential in Louisville, Kentucky.
      2114 W Market St, Louisville, KY 40212
      View Details
    • $349,900
      0.95 Acres

      Louisville Commercial Redevelopment Opportunity

      Three-story commercial property with redevelopment potential on a high-visibility corner.
      2114 W Market St, Louisville, KY 40212
      View Details
    • $384,999
      2,295 SF

      Highlands Duplex Investment Opportunity

      Duplex in the Highlands, ideal for investors or owner-occupants.
      1801 Tyler Pkwy, Louisville, KY 40204
      View Details
    • New
      $450,000
      4,795 SF

      Updated Multifamily Building with Five Units

      Updated five-unit multifamily building with brick exterior and cellar basement.
      624 Street Catherine St W, Louisville, KY 40203
      View Details
    • New
      $154,900
      1,143 SF

      Updated Duplex in Downtown Louisville

      Updated duplex with cash-flow potential near downtown Louisville.
      1443 S 32Nd St, Louisville, KY 40211
      View Details
    • New
      $349,000
      1,972 SF

      Updated Duplex with Hardwood Floors

      Updated duplex with original hardwood floors, ideal for investors.
      125 Pope St, Louisville, KY 40206
      View Details
    • $435,000
      2,734 SF

      Baxter Avenue Highlands Duplex

      Corner-lot duplex in Louisville's coveted Highlands neighborhood.
      1100 Baxter Ave, Louisville, KY 40204
      View Details

    FAQs

    What type of property is this?
    Land - Prime Louisville location, high traffic, development potential.
    Where is this land located?
    The property is located at 5926 Watterson Trl Louisville, KY.
    What is the asking price?
    The asking price for this property is $1,747,000.
    What are key features of this property?
    This property features: 4.18-acre commercial land parcel in Louisville, KY, at the hard corner of Hurstbourne Parkway and S. Watterson Trail.; Exceptional visibility and accessibility with over 22,000 average daily traffic count.; R-4 zoning allows for diverse commercial development options.
    Request Owner's contact information
    5926 Watterson Trl Louisville, KY 40291
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5926 Watterson Trl
    Louisville, KY 40291
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5926 Watterson Trl Louisville, KY 40291
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.