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    2911 Wilson Ave Louisville, KY 40211

    For Sale
    Contact for pricing

    Vacant lot, R-6 zoning, excellent visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.08-acre residential land parcel, located at 2911 Wilson Ave in Louisville, Kentucky (Jefferson County, zip code 40211), presents a unique investment opportunity. Zoned R-6 - Residential Multi-Family District, this flat lot boasts convenient access to all utilities at the street. Its prime location between Catalpa St. and Wilson Ave. ensures excellent visibility, making it ideal for various multi-family development projects. The property's legal description indicates a size of 0.07540 acres, with a price per acre of $337,500. Nearby major streets include 28th St and Southern Ave, providing easy access to the surrounding area. Highway access is readily available via I-264, with the 2054/2056 Bells Lane exit offering a convenient route. The property is also conveniently located just half a mile from Cane Run Road and 0.08 miles from Wilson Ave. The seller is also offering an adjacent property at 1504 Catalpa Street for $37,000, presenting an opportunity to acquire both lots for a potentially advantageous package deal. The APN is 049D01060000. This is a rare chance to acquire a well-situated, multi-family zoned lot in a desirable Louisville location.

    Property Features for 2911 Wilson Ave

    General Information

    Property type
    Land
    Lot Size
    3,485 SF

    HighLights

    • Located between Catalpa St. and Wilson Ave.
    • Excellent street visibility.
    • 0.0754 acres.
    • Prominent corner lot near 28th St and Southern Ave.
    • Convenient access to I‑264 via the Bells Lane exit (2054, 2056); 1⁄2 mile to Cane Run Road and 0.08 miles to Wilson Ave.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.8027358
    Latitude
    38.2315822

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    FAQs

    What type of property is this?
    Land - Vacant lot, R-6 zoning, excellent visibility.
    Where is this land located?
    The property is located at 2911 Wilson Ave Louisville, KY.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: Located between Catalpa St. and Wilson Ave.; Excellent street visibility.; 0.0754 acres.
    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
    2911 Wilson Ave Louisville, KY 40211
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