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    716 Clark Sta Rd Louisville, KY 40023

    For Sale
    $6,100,000

    93 Acres, Residential Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    Exceptional 93-acre residential development opportunity in Eastern Jefferson County, Kentucky, situated at 716 Clark Station Rd, Fisherville, KY 40023. This property, known as Blue Heaven Farm, offers significant potential with a development study indicating up to 290 single-family lots (50' wide). The land is comprised of six parcels, with a primary tract exceeding 90 acres, and boasts over 3,200 linear feet of frontage on Clark Station Road, providing convenient access from both Clark Station Road and Hobbs Lane. Zoned R-4, this location enjoys proximity to established neighborhoods like Locust Creek, Arlington Meadows, and Notting Hill, as well as recreational amenities including Valhalla and Midland Trail golf courses, Long Run Park, and Miles Park. Furthermore, it benefits from convenient access to I-265 (five miles via Shelbyville Road) and I-64, placing it within easy reach of Middletown's shopping and dining options, the Outlet Shops of the Bluegrass (six miles from Simpsonville), and Christian Academy. The asking price is $6,100,000.

    Property Features for 716 Clark Sta Rd

    General Information

    Property type
    Land
    Lot Size
    4,051,080 SF

    HighLights

    • 103‑acre development opportunity, Blue Heaven Farm, comprised of six parcels with a primary 90+-acre tract.
    • Development potential of up to 290 single‑family lots (50' wide).
    • Over 3,200 linear feet of frontage on Clark Station Road.
    • Dual access via Clark Station Road and Hobbs Lane.
    • Conveniently located near golf courses, Middletown amenities, and the Outlet Shops of the Bluegrass.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Hotel & Motel Food Market Garden Center Pawn Shop Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.4221799
    Latitude
    38.2294433

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    FAQs

    What type of property is this?
    Land - 93 Acres, Residential Development Potential
    Where is this land located?
    The property is located at 716 Clark Sta Rd Louisville, KY.
    What is the asking price?
    The asking price for this property is $6,100,000.
    What are key features of this property?
    This property features: 103-acre development opportunity, Blue Heaven Farm, comprised of six parcels with a primary 90+-acre tract.; Development potential of up to 290 single-family lots (50' wide).; Over 3,200 linear feet of frontage on Clark Station Road.
    Request Owner's contact information
    716 Clark Sta Rd Louisville, KY 40023
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    Louisville, KY 40023
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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
    716 Clark Sta Rd Louisville, KY 40023
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