Fairground Road Multifamily Development
For Sale
Contact for pricing
9232 Fairground Rd, Louisville, KY 40291
1.5-acre lot suitable for multifamily development with rezoning potential.
Property SizeContact for details
Lot Size1.50 Acres
Days on Market146
Property Features for 9232 Fairground Rd
General Information
Standard status
Active
Lot size
1.50 Acres
Property subtype
Land
Zoning
R4
Building Details
Units
24
Listing Agency:
Duncan Commercial Real Estate
(502) 550-7773
Listed By:
Patricia Evans · License #KY183777
Source:
Crexi
Added: Mar 17
Changed: Aug 8
Last Checked: Jul 16 at 7:19AM
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 Real Estate
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
231
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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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.
