0 Hughes Ave Crestwood, KY 40014

This exceptional ±6.46-acre development site in Crestwood, Kentucky, presents a unique opportunity for multifamily construction. Located in Oldham County, within the Louisville MSA, and boasting an R-4 zoning designation, this fully entitled property is ready for immediate development. The site is strategically positioned to capitalize on Louisville's eastward expansion, benefiting from strong demographics in the surrounding area. Median household incomes exceeding $80,000 and home values over $340,000 within a one-mile radius indicate a robust and affluent market. Plans are in place for the construction of 96 multifamily units, making this a turnkey project for developers seeking a low-barrier-to-entry opportunity in a high-growth area. The property's location outside of Jefferson County offers additional advantages. This shovel-ready site at Hughes Ave, Crestwood, KY 40014, represents a compelling investment prospect in a thriving Kentucky community. The asking price for this exceptional development opportunity is $1,000,000.