9705 Cedar Creek Rd Louisville, KY 40229
- Commercial real estate
- 25.35 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 9705 Cedar Creek Rd
- Lot size
- 25.35 lot acres
- Property type
- Commercial real estate
- APN
- 008600180000 and 008600170000
Description
This exceptional 25.35-acre parcel presents a remarkable opportunity for residential development in Louisville, Kentucky. Located in Jefferson County, the property boasts a desirable R-4 zoning designation, permitting single-family residential construction. An approved development plan outlines the potential for 50 individual lots, capitalizing on the strong demand for new homes in this thriving area. The land itself is largely cleared and gently sloping, offering ease of development. Access is provided via Cedar Creek Road, encompassing over 18 acres, with an additional 7+ acres fronting Independence School Road. Its strategic location places it in close proximity to established retail amenities, employment centers, and several successful new residential subdivisions including Cedar Brook, Heritage Creek, Creek View, and Primrose Meadows, underscoring the significant growth and desirability of this neighborhood. The property's two APNs are 008600180000 and 008600170000. The asking price is $1,520,000, translating to $59,960 per acre. This represents a compelling investment in a high-growth residential market with significant upside potential. The address is 9705 Cedar Creek Rd, Louisville, KY 40228.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.607811
- Latitude
- 38.101113