5350 Dixie Hwy Louisville, KY 40216
- Auto shops
- 0.28 lot acres
Current Use by Public Records
- Auto shops
Property Details for 5350 Dixie Hwy
- Year built
- 1936
- Lot size
- 0.28 lot acres
- Zone code
- OR2-OFFICE/RESIDENTIAL
- Property type
- Auto shops
- APN
- 25102600470000
- APU
- 25102600470000
Description
This exceptional 0.295-acre parcel presents a remarkable multi-family development opportunity in Louisville, Kentucky. Located at 5350 Dixie Hwy, in Jefferson County (zip code 40216), this property is zoned OR-2, permitting the construction of up to eight modern townhomes with dedicated parking for eleven vehicles. The site's strategic location within a well-established residential area, adjacent to existing apartment complexes and a Walmart Neighborhood Center, ensures high demand and convenient access to essential amenities. Residents will enjoy the proximity to everyday shopping needs, while the property's position between Interstates 264 and 265, just off Dixie Highway, provides excellent connectivity. This land offers a compelling investment prospect, catering to the growing need for quality housing in a desirable Louisville neighborhood. The asking price for this exceptional development opportunity is $140,000. The property's location offers easy access to major roadways, enhancing its appeal to potential residents. This is a rare chance to capitalize on the strong demand for multi-family housing in this thriving area.
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
- -85.835
- Latitude
- 38.1584
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
