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    6107 Billtown Rd Louisville, KY 40299

    Sponsored
    For Sale
    $495,000

    Prime 5-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre commercial land parcel is situated in Louisville, Kentucky, at 6107 Billtown Road, in Jefferson County, zip code 40299. Located in the East End, just one mile from the Snyder Freeway, this gently sloping property offers significant development potential. Its strategic location is adjacent to the Billtown Farms single-family home development, providing convenient access and established infrastructure. The property boasts a connection to the sewer system on the connector road, suggesting gravity flow is feasible, eliminating the need for a costly pump station. This makes it particularly well-suited for multi-family, townhome, garden home, or senior living projects. While an existing house is present on the site, it's considered to have no value and would likely be demolished. An overhead electric transmission line is present, but the area beneath can be utilized for parking, open space, or a combination thereof. The area is experiencing rapid growth, with a clear demand for housing. The asking price for this remarkable opportunity is $495,000. Don't miss this chance to acquire a prime piece of land in a thriving Louisville neighborhood.

    Property Features for 6107 Billtown Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • $495,000 asking price.
    • 5‑acre commercial land parcel.
    • Located in Louisville, KY, on Billtown Road, near Snyder Freeway and Billtown Farms.
    • Suitable for multi‑family, townhome, garden home, or senior living development.
    • Existing house on property has no value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Clothing Store Gym & Fitness Wholesale Shop Skin Care Clinic Accounting Firm Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.5601043
    Latitude
    38.1557126

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    FAQs

    What type of property is this?
    Land - Prime 5-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 6107 Billtown Rd Louisville, KY.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: $495,000 asking price.; 5-acre commercial land parcel.; Located in Louisville, KY, on Billtown Road, near Snyder Freeway and Billtown Farms.
    (502) 644-0089
    Request Owner's contact information
    6107 Billtown Rd Louisville, KY 40299
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    Louisville, KY 40299
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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
    6107 Billtown Rd Louisville, KY 40299
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