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    5801 Outer Loop Louisville, KY 40219

    For Sale
    $950,000

    Prime Louisville commercial land, high visibility, R4 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 6.5-acre commercial land parcel presents a remarkable investment opportunity in Louisville, Kentucky. Located at 5801 Outer Loop, this property boasts a prime position offering high visibility and convenient access to major roadways and highways. The flat, buildable land is ideal for a diverse range of development projects, including commercial, retail, or mixed-use ventures. Its R4 zoning allows for considerable flexibility in development plans, accommodating various business types and potential future expansion needs. The property's strategic location places it in close proximity to established commercial and residential areas, ensuring strong potential for growth and return on investment. Nearby amenities include Jefferson Mall, Jefferson Commons, and Festival at Jefferson Court, providing further convenience and attracting a substantial customer base. The parcel's size and location make it an exceptional opportunity for developers seeking a high-impact site in a thriving Louisville market. The APN is 064402090000. Asking price is $950,000.

    Property Features for 5801 Outer Loop

    General Information

    Property type
    Land
    Lot Size
    283,140 SF

    HighLights

    • High‑visibility Outer Loop location with excellent highway access and proximity to established commercial and residential areas.
    • Large acreage ideal for commercial, retail, or mixed‑use development.
    • R4 zoning allows for diverse business types and development flexibility.
    • Near Jefferson Mall, Jefferson Commons, and Festival at Jefferson Court.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.653833
    Latitude
    38.139355

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    FAQs

    What type of property is this?
    Land - Prime Louisville commercial land, high visibility, R4 zoning.
    Where is this land located?
    The property is located at 5801 Outer Loop Louisville, KY.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: High-visibility Outer Loop location with excellent highway access and proximity to established commercial and residential areas.; Large acreage ideal for commercial, retail, or mixed-use development.; R4 zoning allows for diverse business types and development flexibility.
    (502) 454-0911
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    5801 Outer Loop Louisville, KY 40219
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    Louisville, KY 40219
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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
    5801 Outer Loop Louisville, KY 40219
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