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    7402 Beulah Church Rd Louisville, KY 40228

    Sponsored
    For Sale
    $579,000

    Prime 2-3.5 acre site, 25+ townhome potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2-3.5 acre commercial land parcel, located at 7402 Beulah Church Rd, Louisville, KY 40228 (APN: 065500540000), presents a lucrative opportunity for multifamily development. Currently zoned R-4 (Residential Single Family District), the property has a pre-filed Development Design Document Package (DDDP) approved for 25 townhomes. The possibility exists to expand the development by acquiring additional adjacent land, potentially adding 8-10 more townhomes to the project, increasing its overall profitability. This prime location offers excellent access to the Snyder Freeway and Beulah Church Road, ensuring convenient access for residents. Furthermore, the property benefits from its proximity to a proposed new mixed-use development just south of the Snyder Freeway, promising increased future value and desirability. The asking price for this exceptional development opportunity is $579,000. This represents a compelling investment in a rapidly growing area, ideal for creating a thriving rental community. The existing DDDP significantly streamlines the development process, minimizing delays and maximizing return on investment. Don't miss this chance to capitalize on the strong demand for rental housing in this desirable Louisville location.

    Property Features for 7402 Beulah Church Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    87,120 SF

    HighLights

    • 2‑3.5 acre commercial land parcel in Louisville, KY (APN: 065500540000) at 7402 Beulah Church Rd.
    • Zoned R‑4, with an approved Development Design Document Package (DDDP) for 25 townhomes.
    • Potential for expansion to 35 townhomes with adjacent land acquisition.
    • Excellent access to Snyder Freeway and Beulah Church Road.
    • Proximity to a proposed mixed‑use development.
    • Asking price: $579,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.614833
    Latitude
    38.1286569

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    FAQs

    What type of property is this?
    Multifamily property - Prime 2-3.5 acre site, 25+ townhome potential.
    Where is this multifamily property located?
    The property is located at 7402 Beulah Church Rd Louisville, KY.
    What is the asking price?
    The asking price for this property is $579,000.
    What are key features of this property?
    This property features: 2-3.5 acre commercial land parcel in Louisville, KY (APN: 065500540000) at 7402 Beulah Church Rd.; Zoned R-4, with an approved Development Design Document Package (DDDP) for 25 townhomes.; Potential for expansion to 35 townhomes with adjacent land acquisition.
    (502) 644-0089
    Request Owner's contact information
    7402 Beulah Church Rd Louisville, KY 40228
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    Louisville, KY 40228
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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
    7402 Beulah Church Rd Louisville, KY 40228
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