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    5905 Fegenbush Ln Louisville, KY 40228

    For Sale
    Contact for pricing

    1.4-acre C-1 zoned lot, ideal retail site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.4-acre commercial land parcel, located at 5905 Fegenbush Ln, Louisville, KY 40228 (APN: 0635SROW0000), presents a unique investment opportunity. Currently zoned C-1 Commercial District, this property offers significant potential for a variety of retail uses. The land boasts a highly desirable location at a signalized corner, providing excellent visibility and accessibility. While a future roadway connecting to S. Hurstbourne Parkway is planned, the site already benefits from all utilities being readily available. This makes it perfectly suited for developments such as restaurants, car washes, or convenience stores. The asking price per acre ranges from $404,643 to $550,000. This property is situated in Jefferson County and offers a strategic advantage due to its high traffic count and proximity to key thoroughfares. The potential for significant return on investment is undeniable, making this a must-see for discerning commercial developers. Additional acreage may also be available, providing opportunities for expansion or larger-scale projects. Don't miss this chance to acquire a prime piece of Louisville commercial real estate.

    Property Features for 5905 Fegenbush Ln

    General Information

    Property type
    Land
    Lot Size
    60,984 SF

    HighLights

    • 1.4‑acre retail site in Louisville, KY.
    • C‑1 Commercial zoning.
    • Signalized corner lot with access to Fegenbush Ln and future S. Hurstbourne Pkwy connection.
    • All utilities available on‑site.
    • Additional acreage may be available.
    • Ideal for restaurant, car wash, or convenience store development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.6400429
    Latitude
    38.163936

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    FAQs

    What type of property is this?
    Land - 1.4-acre C-1 zoned lot, ideal retail site.
    Where is this land located?
    The property is located at 5905 Fegenbush Ln Louisville, KY.
    What are key features of this property?
    This property features: 1.4-acre retail site in Louisville, KY.; C-1 Commercial zoning.; Signalized corner lot with access to Fegenbush Ln and future S. Hurstbourne Pkwy connection.
    Request Owner's contact information
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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
    5905 Fegenbush Ln Louisville, KY 40228
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