5127 Terry Rd Louisville, KY 40216
- Land
- 35.00 lot acres
Current Use by Public Records
- Land
Property Details for 5127 Terry Rd
- Lot size
- 35.00 lot acres
- Property type
- Land
Description
This exceptional 35-acre property presents a significant residential development opportunity in Louisville, Kentucky's Jefferson County, specifically located at 5127 Terry Rd, 40216. The land is comprised of three parcels (APN: 102400210000, 102400550000, 102402480000) and is zoned R4 and R1, offering flexibility for various residential projects. Over 13 acres are flat and immediately developable, situated conveniently on Terry Lane, providing excellent visibility. An additional 8.22 acres are ideal for water retention, strategically located southeast of the primary development area. The remaining 13.98 acres extend east-northeast and benefit from existing infrastructure including power towers, a natural gas line, and a sewer line. This location offers easy access to downtown Louisville and presents a unique opportunity for the development of patio homes, apartments, single-family homes, or single-family rentals. While the entire 35 acres are offered for sale, options for purchasing smaller portions of the land may be available. The asking price for this remarkable property is $860,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.8678
- Latitude
- 38.17
