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Property profile & analytics
FOR SALE
Commercial land

5905 Fegenbush Ln Louisville, KY 40228

14.15 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US34-0389589
Property summary
AI-generated overview

This exceptional 2.17-acre commercial development site, located at 5905 Fegenbush Ln, Louisville, KY 40228 (APN: 0635SROW0000), presents a unique investment opportunity. Currently zoned C-1, this property offers significant potential for a variety of commercial uses. The lot boasts a highly desirable location at a signalized corner with access to Fegenbush Lane and future roadway connection to S. Hurstbourne Parkway. All utilities are readily available on-site. The property is ideally suited for retail development, with suggested uses including a drug store, car wash, or gas station/convenience store. Priced at $550,000 per acre, this represents a compelling value in a thriving Louisville market. While this listing focuses on the 2.17-acre parcel, please inquire about the availability of additional acreage. The property is offered with a remaining lease term of 0.5 years. This prime location and flexible zoning make this an exceptional opportunity for investors and developers seeking a high-impact commercial development site in a rapidly growing area of Jefferson County. Don't miss this chance to secure a piece of Louisville's vibrant commercial landscape.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 14.15 ac (616,374 SF)
Zoning code C1-COMMERCIAL
APN 23063601350000
UPID US34-0389589
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.50M
Owner & transaction history
Crittenden Drive Holdings LLC · 2 yrs held
Crittenden Drive Holdings LLC
since 2024
Last sale
$2.5M
4 recorded transactions
2024
$2.5M
2023
Price N/A
2021
Price N/A
1969
Price N/A
Zoning & alternative use
C1-COMMERCIAL · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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