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    8811 Old Bardstown Rd Louisville, KY 40291

    Sponsored
    For Sale
    $325,000

    1.3-Acre Mixed-Use Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.3-acre property, located at 8811 Old Bardstown Road in Louisville, Kentucky (zip code 40291), presents a unique investment opportunity. Situated on the south corner of Old Bardstown Road, Fairmount Road, and Bardstown Road, this site boasts high visibility and accessibility. The property includes two parcels, with an existing curb cut from Fairmount Road, offering convenient ingress and egress. Currently zoned R-4 (Residential Single Family District), the land presents potential for redevelopment as a small office building or retail location, subject to rezoning. With an asking price of $325,000, this translates to a land value of approximately $192,307 per acre. The property's strategic location benefits from significant daily traffic volume, with approximately 40,000 vehicles passing on Bardstown Road daily. The Jefferson County parcel number (APN) is 006101030000. This versatile property is vacant and offers significant potential for a variety of commercial uses. The property's size and location make it an ideal candidate for a developer seeking a high-traffic, high-visibility location in a growing area of Louisville. Serious inquiries are encouraged.

    Property Features for 8811 Old Bardstown Rd

    General Information

    Property type
    Individual retail properties
    Lot Size
    56,628 SF

    HighLights

    • 1.3‑acre commercial lot at 8811 Old Bardstown Rd, Louisville, KY 40291, priced at $325,000.
    • High‑visibility corner lot at the intersection of Old Bardstown Rd, Fairmount Rd, and Bardstown Rd, with approximately 40,000 vehicles passing daily on Bardstown Rd.
    • Two parcels with existing curb cut from Fairmount Rd, offering convenient access.
    • Currently zoned R‑4, redevelopment potential for office or retail (rezoning required).
    • Land value approximately $192,307 per acre.
    • Vacant lot, Jefferson County APN 006101030000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store 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
    -85.5711003
    Latitude
    38.11615957

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    FAQs

    What type of property is this?
    Individual retail property - 1.3-Acre Mixed-Use Development Site
    Where is this individual retail property located?
    The property is located at 8811 Old Bardstown Rd Louisville, KY.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: 1.3-acre commercial lot at 8811 Old Bardstown Rd, Louisville, KY 40291, priced at $325,000.; High-visibility corner lot at the intersection of Old Bardstown Rd, Fairmount Rd, and Bardstown Rd, with approximately 40,000 vehicles passing daily on Bardstown Rd.; Two parcels with existing curb cut from Fairmount Rd, offering convenient access.
    Request Owner's contact information
    8811 Old Bardstown Rd Louisville, KY 40291
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    Louisville, KY 40291
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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
    8811 Old Bardstown Rd Louisville, KY 40291
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