54 Just A Mere Ln Simpsonville, KY 40067
This exceptional 5.51 to 6.5-acre commercial land parcel presents a unique investment opportunity in Simpsonville, KY. Located at 54 Just a Mere Ln, 40067, this property boasts a strategic position between the expanding Louisville east end and the western entrance to one of Kentucky's fastest-growing communities within Shelby County. Its prime location on Shelbyville Road offers unparalleled visibility and accessibility. Currently zoned R-1 (Residential - Very Low Density), the property is bordered by the Cardinal Club community, which includes a championship golf course, creating a desirable blend of rural charm and suburban convenience. The potential for increased density is evident given neighboring developments, and all utilities are readily available, simplifying development plans. The asking price is $850,000, and the parcel's APN is 015-00-007. This land offers significant potential for both development and investment, making it an attractive proposition for discerning buyers seeking a foothold in a thriving Kentucky market. The property is situated within the city limits of Simpsonville, offering access to local amenities and infrastructure. This is a rare opportunity to acquire a sizable lot in a high-growth area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
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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.