7000 Ridge Creek Rd Louisville, KY 40291

Property Details for 7000 Ridge Creek Rd

Lot size

14.45 lot acres

Property size

1 SF

Property type

Commercial real estate

Description

This exceptional 14.45-acre commercial land parcel, located at 7000 Ridge Creek Rd, Louisville, KY 40291, presents a prime opportunity for multifamily development. Zoned R-6, it boasts an approved plan for up to 192 residential units, maximizing density and return on investment. The gently sloping, wooded site offers a beautiful setting, enhanced by gravity sanitary sewers, simplifying infrastructure development. Situated on Hurstbourne Parkway, the property enjoys exceptional visibility and high traffic counts, exceeding 22,000 vehicles daily. Its strategic location provides easy access to major thoroughfares, including I-65 and I-64, placing residents within close proximity to significant employment centers such as GE Appliance Park and the World Port Distribution Center. Furthermore, the site is conveniently located near affluent residential areas and numerous retail amenities, ensuring strong rental demand. The land is priced at $150,000 per acre, representing a compelling value proposition given its location, zoning, and development potential. This is a rare opportunity to acquire a highly desirable development site in a thriving Louisville submarket. The property's proximity to Mercy Academy further enhances its appeal. This is a turnkey opportunity for developers seeking a high-value, high-traffic location with an approved plan already in place.