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Property profile & analytics
OFF-MARKET
Commercial real estate

349 Steven Dr Shepherdsville, KY 40165

25.51 ac lot
Property ID
US34-0240658
Property summary
AI-generated overview

This exceptional 25.51-acre parcel of land, located at 349 Steven Drive in Shepherdsville, Kentucky (APN: 037-000-00-010), presents a compelling investment opportunity. Currently zoned A - Agricultural, this property offers significant potential for future development. Its strategic location near the I-65/Hwy 480 Cedar Grove Interchange places it within a rapidly expanding industrial area, creating diverse development possibilities. With appropriate rezoning, the site could be suitable for a range of uses, including industrial facilities, multi-family residential projects, retail establishments, or hospitality ventures. The property boasts convenient access to Hwy 480 (Cedar Grove Road) via a 30-foot-wide easement, ensuring excellent connectivity. The asking price is $3,061,200, translating to $120,000 per acre. It's important to note that a portion of this property lies within the 100-year floodplain. This information should be carefully considered during any due diligence process. This property represents a rare chance to acquire a substantial land holding in a high-growth area of Kentucky. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Lot 25.51 ac (1,111,216 SF)
APN 037-000-00-010
UPID US34-0240658
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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