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    7508 Cane Run Rd Louisville, KY 40258

    Sponsored
    For Sale
    $995,000

    Prime Riverport location, 16 acres, M-3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 16-acre commercial/industrial land parcel presents a unique investment opportunity in Louisville's thriving Riverport area. Strategically located on Cane Run Road, the property boasts convenient access to major transportation routes. The site comprises two distinct tracts: approximately 7.8 usable acres fronting Cane Run Road, and approximately 8.2 acres offering desirable Ohio River frontage. This versatile land is zoned M-3, designating it for industrial use, opening doors to a wide range of development possibilities. With its substantial size and prime location, this property is ideal for businesses seeking ample space and excellent accessibility. The asking price is $995,000. The Jefferson County Assessor's Parcel Number (APN) is 231200580000. The property's location in Riverport provides access to established infrastructure and a robust industrial community. This is a rare opportunity to acquire a significant land holding in a high-demand area. Serious inquiries are encouraged.

    Property Features for 7508 Cane Run Rd

    General Information

    Property type
    Land
    Lot Size
    696,960 SF

    HighLights

    • 16‑acre commercial/industrial land parcel in Louisville's Riverport area.
    • M‑3 zoning.
    • Ohio River frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Clothing Store Auto Repair Shop Gym & Fitness Skin Care Clinic Wholesale Shop Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.899063
    Latitude
    38.143664

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    FAQs

    What type of property is this?
    Land - Prime Riverport location, 16 acres, M-3 zoning.
    Where is this land located?
    The property is located at 7508 Cane Run Rd Louisville, KY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: 16-acre commercial/industrial land parcel in Louisville's Riverport area.; M-3 zoning.; Ohio River frontage.
    (502) 589-5150
    Request Owner's contact information
    7508 Cane Run Rd Louisville, KY 40258
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    Louisville, KY 40258
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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
    7508 Cane Run Rd Louisville, KY 40258
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