Property profile

716 Clark Sta Rd Louisville, KY 40023

OFF-MARKET
Land
93 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Exceptional 93-acre residential development opportunity in Eastern Jefferson County, Kentucky, situated at 716 Clark Station Rd, Fisherville, KY 40023. This property, known as Blue Heaven Farm, offers significant potential with a development study indicating up to 290 single-family lots (50' wide). The land is comprised of six parcels, with a primary tract exceeding 90 acres, and boasts over 3,200 linear feet of frontage on Clark Station Road, providing convenient access from both Clark Station Road and Hobbs Lane. Zoned R-4, this location enjoys proximity to established neighborhoods like Locust Creek, Arlington Meadows, and Notting Hill, as well as recreational amenities including Valhalla and Midland Trail golf courses, Long Run Park, and Miles Park. Furthermore, it benefits from convenient access to I-265 (five miles via Shelbyville Road) and I-64, placing it within easy reach of Middletown's shopping and dining options, the Outlet Shops of the Bluegrass (six miles from Simpsonville), and Christian Academy. The asking price is $6,100,000.

Property profile

Verified
Property type Land
Lot 93 ac (4,051,080 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

716 Clark Sta Rd Louisville, KY 40023
Louisville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 716 Clark Sta Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message