5905 Fegenbush Ln Louisville, KY 40228
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1-COMMERCIAL · Louisville, KYCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.