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Property profile & analytics
OFF-MARKET
Commercial real estate

9300 Hayes Ave Louisville, KY 40291

17 ac lot
Individually Owned 4-yr Hold
Property ID
US34-2379720
Property summary
AI-generated overview

This exceptional 17-acre residential development site in Louisville, Kentucky, presents a unique investment opportunity. Located in the desirable Fern Creek neighborhood, this property boasts an ideal location off Fairground Road, less than a mile east of the Bardstown and Fairground intersection. The land, comprised of three parcels (APN: 005000330000, 00500105000, 00500140000) with addresses at 9300 Hayes Ave, 5807 Harrison, and 5815 Harrison, is zoned R-4 and features gravity sewers bisecting the eastern portion (see attached easement). The terrain is level to gently rolling, situated conveniently near Keeling Place, where homes sell for approximately $325,000. Multiple stub streets—Idlewood Lane to the north, Hines Mill Way to the south, and Hofelich Lane to the east—provide excellent access and support dense residential development. A lot yield study estimates the potential for 95 single-family lots. The property's proximity to Bardstown Road to the west and Billtown Road to the east ensures easy access to retail, shopping, schools, and employment centers. This family-held property, offered for sale for the first time, represents a compelling opportunity for significant residential development in a highly sought-after Louisville location. The asking price is $1,000,000, translating to $76,923 per acre.

Property profile
Verified
Property type Commercial real estate
Lot 17 ac (740,520 SF)
APN 005000330000, 00500105000, 00500140000
UPID US34-2379720
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Anna K Fox · 4 yrs held
Anna K Fox
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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