6107 Billtown Rd Louisville, KY 40299
This exceptional 5-acre commercial land parcel is situated in Louisville, Kentucky, at 6107 Billtown Road, in Jefferson County, zip code 40299. Located in the East End, just one mile from the Snyder Freeway, this gently sloping property offers significant development potential. Its strategic location is adjacent to the Billtown Farms single-family home development, providing convenient access and established infrastructure. The property boasts a connection to the sewer system on the connector road, suggesting gravity flow is feasible, eliminating the need for a costly pump station. This makes it particularly well-suited for multi-family, townhome, garden home, or senior living projects. While an existing house is present on the site, it's considered to have no value and would likely be demolished. An overhead electric transmission line is present, but the area beneath can be utilized for parking, open space, or a combination thereof. The area is experiencing rapid growth, with a clear demand for housing. The asking price for this remarkable opportunity is $495,000. Don't miss this chance to acquire a prime piece of land in a thriving Louisville neighborhood.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.