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Property profile & analytics
OFF-MARKET
Land

6107 Billtown Rd Louisville, KY 40299

5 ac lot
Property ID
US34-2259199
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 5 ac (217,800 SF)
UPID US34-2259199
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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