5911 Watterson Trl Louisville, KY 40291
- Commercial land
- 5.91 lot acres
Current Use by Public Records
- Commercial land
Property Details for 5911 Watterson Trl
- Lot size
- 5.91 lot acres
- Zone code
- CN-NEIGHBORHOOD COMMERCIA
- Property type
- Commercial land
- APN
- 23062801510000
- APU
- 23062801510000
Description
This exceptional 6.19-acre commercial land parcel presents a remarkable investment opportunity in Louisville, Kentucky. Located at 5911 S Watterson Trail, this property boasts a highly desirable C-N zoning designation and sits on a hard corner with a signalized intersection. The site benefits from exceptional visibility and accessibility, experiencing traffic counts exceeding 25,000 vehicles daily on S. Hurstbourne Parkway. Strong demographics further enhance its appeal, with a population of 217,000 and 89,000 households within a 5-mile radius. Its strategic location offers proximity to key amenities and infrastructure. Less than a mile from the intersection of Bardstown Road and Hurstbourne Parkway, the property is also situated 0.2 miles from a new residential development encompassing 240 multi-family units and 66 single-family lots, developed by Highgates Development and Pulte Homes. Additional nearby attractions include Noltemeyer Capital's Willow Green Apartments (1.4 miles), Haier-GE Appliance Park (2 miles), I-265 Snyder Freeway (2.5 miles), and I-65 (6 miles), providing convenient access to Ford, UPS, and Louisville International Airport. The asking price is $2,321,250, translating to $375,000 per acre. The property's APN is 062801510000. This is a rare opportunity to acquire a strategically located commercial land parcel with significant 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
- -85.6119
- Latitude
- 38.1618
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
