1265 Buckman St Shepherdsville, KY 40165
This exceptional 7.97-acre property located at 1265 N Buckman St, Shepherdsville, KY 40165, presents a unique investment opportunity. Currently zoned R-1 (Single-Family Residential), this land offers significant potential for various development projects, including mobile home parks, residential subdivisions, multi-family dwellings, or industrial uses. The property's strategic location boasts approximately 800 feet of frontage on Buckman Street (Preston Highway), providing excellent visibility and convenient access to retail, industrial areas, and interstate highways. Currently divided into six parcels, the seller is willing to collaborate with the buyer to consolidate the parcels and facilitate any necessary zoning changes. The gently sloping topography makes development relatively straightforward. All essential utilities—electric, water, gas, sewer, cable, broadband, and internet access—are readily available at the property. Municipal water and sewer services are in place. Importantly, this property is not located within a flood plain. The legal description identifies the land as Lots 1, 2, 3, 8, 9, & 10 Laporte Sub. This is a rare opportunity to acquire a sizable parcel in a rapidly growing area with excellent infrastructure and accessibility. The asking price for this remarkable property is $700,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.