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Property profile & analytics
OFF-MARKET
Mixed-use properties

9408-9500 Old Bardstown Rd Louisville, KY 40291

9.28 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 9.28-acre development opportunity in Louisville, KY, zoned R-6 for multifamily use. This prime location at 9408-9500 Old Bardstown Road offers a pre-approved plan for 152 apartment units, including a mix of one, two, and three-bedroom layouts ranging from approximately 900 to 1200 square feet. Situated in a rapidly growing area, the property benefits from its proximity to I-265, a new Hy-Vee grocery store, Bates Elementary School, and Broad Run Park, part of the expansive Parklands of Floyds Fork. The site is conveniently located less than four miles south of I-265 and near popular local businesses like Bootleg BBQ. The rectangular, level lot offers easy development, and gravity sewer access is available with a short lateral extension. This is an ideal investment for developers seeking to capitalize on the high demand for apartments in this thriving Louisville corridor. The asking price is $2,812,000. The property is comprised of two lots located between Windcrest Farms Lane and Thixton Lane in Eastern Jefferson County, within a booming commercial and residential area.

Property profile
Verified
Property type Mixed-use properties
Lot 9.28 ac (404,237 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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