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    OFF-MARKET
    Commercial land

    4802 Olympia Park Plz, Louisville, KY 40241

    2.68 ac lot
    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US34-0181224
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 2.68 ac (116,741 SF)
    Zoning code OR3-OFFICE/RESIDENTIAL
    APN 21328600100000
    UPID US34-0181224
    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
    Current use
    Occupant on record · Public records
    • GBC Metals Metal Fabrication Plant Factory
    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
    Springdale Venture LLC · 2 yrs held
    Springdale Venture LLC
    since 2024
    1 recorded transaction
    2024
    Zoning & alternative use
    OR3-OFFICE/RESIDENTIAL · Louisville, KY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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