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Property profile & analytics
OFF-MARKET
Office buildings

1033 Zorn Ave Louisville, KY 40207-1047

1.36 ac lot
Entity Owned 10-yr Hold Free & Clear
Property ID
US34-2311963
Property summary
AI-generated overview

This exceptional 1.33-acre commercial land parcel presents a unique investment opportunity in Louisville, Kentucky. Strategically located at the high-traffic corner of I-71 (90,000 Average Daily Traffic) and Zorn Ave (13,000 ADT), this property boasts unparalleled visibility and accessibility. Currently zoned C2, it has already received approval for a 143-room hotel development, significantly reducing pre-construction hurdles. The site includes a valuable sign pole offering prominent interstate visibility, maximizing marketing potential. Further enhancing its appeal is a tourism sales tax exemption for construction materials, resulting in substantial cost savings for developers. Situated just 8 minutes from downtown Louisville, this location benefits from proximity to the city's vibrant core while maintaining easy access to major transportation arteries. The property's Jefferson County APN is 088K00900000. The asking price is $2,495,000, translating to $1,875,939 per acre. This is a rare chance to acquire a prime commercial site with pre-approved development plans and significant cost-saving incentives. Don't miss this opportunity to capitalize on Louisville's thriving economy and prime location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 1.36 ac (59,024 SF)
Zoning code C2-COMMERCIAL
APN 14088K00900000
UPID US34-2311963
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jefflanding LLC · 10 yrs held
Jefflanding LLC
since 2015
2 recorded transactions
2015
$445,000
2015
Price N/A
Zoning & alternative use
C2-COMMERCIAL · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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