Fairground Road Multifamily Development
9232 Fairground Rd, Louisville, KY 40291
For Sale
$480,000
1.5-acre lot suitable for multifamily development with rezoning potential.
Property SizeContact for details
Lot Size1.50 Acres
Days on Market270
Property Features for 9232 Fairground Rd
General Information
Standard status
Lot size
Property subtype
Zoning
Listing Agency:
Duncan Commercial RE, LLC
Listed By:
Suzanne Cheek
(502) 292-5464
Source:
Kcrea.resimplifi
Added: Feb 18
Changed: Nov 7
Last Checked: Nov 14 at 2:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Duncan Commercial RE, LLC
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Investment Insights
Based on property information with market context.
This 1.5-acre lot is located on Fairground Road, in close proximity to existing apartments and a new single-family development in Fern Creek. The property is currently operating as a short-term rental. It is offered as a multi-family development site that, with rezoning, could potentially yield 24 units. Gravity sewer is accessible via a lateral extension easement. This property presents an ideal infill development opportunity.
Key Highlights
- Multi‑family development site with potential for 24 units (with rezoning).
- 1.5 acre lot in the heart of Fern Creek.
- Ideal infill development opportunity.
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Location Intelligence
Trade Area within ½ mile
231
Businesses Nearby
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Business Placement
Demographics for 40291, KY
39,719
Population
16,894
Households
2.4
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
22.6 sq mi
ZIP Area
1,757
Density / Sq Mi
$81,576
Median Household Income
$46,186
Median Earnings
$1,161
Median Rent
$264,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.5-acre lot suitable for multifamily development with rezoning potential.
Where is this residential land & home lot located?
The property is located at 9232 Fairground Rd Louisville, KY.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Multi‑family development site with potential for 24 units (with rezoning).; 1.5 acre lot in the heart of Fern Creek.; Ideal infill development opportunity.
