8800 Old Bardstown Rd, Louisville, KY 40291
This exceptional 1.2-acre property, located at 8800 Old Bardstown Rd, Louisville, KY 40291, presents a unique investment opportunity. Situated on the corner of Old Bardstown Road and Fairmount Road, this lot offers significant development potential. The property is currently zoned R-4 (Residential Single Family District), but its strategic location suggests potential for rezoning. The existing 1,215 square foot single-family house is included in the sale. Neighboring properties include Blue Sky Self-Storage (zoned CM), Clover Senior Living (zoned R-7), and a 7-acre site undergoing commercial rezoning, highlighting the area's evolving landscape. The property's corner location within the R-4 zoning allows for a daycare without rezoning. The asking price is $500,000, with cash to seller terms preferred. The Jefferson County Assessor's Parcel Number (APN) is 065701150000. This prime location in the Louisville/Jefferson County MSA offers investors a chance to capitalize on the area's growth and development. The property's versatility and strategic positioning make it an attractive prospect for various commercial ventures.
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
Physical attributes from public recordsZoning & alternative use
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.