4802 Olympia Park Plz Louisville, KY 40241
- Commercial land
- 2.68 lot acres
Current Use by Public Records
- GBC Metals / Metal Fabricator
Property Details for 4802 Olympia Park Plz
- Lot size
- 2.68 lot acres
- Zone code
- OR3-OFFICE/RESIDENTIAL
- Property type
- Commercial land
- APN
- 21328600100000
- APU
- 21328600100000
Description
This exceptional 2.7-acre parcel presents a unique investment opportunity in Louisville, Kentucky. Strategically located near the intersection of I-71 and I-265, this property enjoys unparalleled accessibility with over 75,000 vehicles traversing I-265 daily. Its proximity to the Brownsboro Rd I-265 exit and the Paddock Shops, a premier shopping destination attracting 16 million visitors annually, ensures high visibility and significant foot traffic. The OR3 zoning allows for a diverse range of development options, including assisted living facilities, healthcare centers, office spaces, hotels, multi-family residential buildings, and educational institutions. This prime location is further enhanced by a highly educated population, with over 44% possessing a bachelor's degree or higher, creating a strong potential market for various commercial and residential ventures. The address is 4802 Olympia Park Plaza, Louisville, KY 40241, in Jefferson County. The asking price is $2,632,500. This is a rare opportunity to acquire a substantial land holding in a thriving area with exceptional access and development potential.
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
- -85.5799
- Latitude
- 38.3105
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA