9401 Old Bardstown Rd Louisville, KY 40291
This exceptional 1.73-acre parcel presents a prime development opportunity on Old Bardstown Road in Louisville, Kentucky. Zoned R-4, this level, cleared lot boasts significant frontage on a high-traffic thoroughfare with an average daily traffic count of 35,000 vehicles. Its strategic location offers easy access to gravity sewers, eliminating costly infrastructure hurdles. The property's proximity to thriving retail areas to the north and affluent residential neighborhoods to the south positions it ideally for various development projects. Currently, the site includes a single-family home that can be either removed or incorporated into a larger development plan. The surrounding area is experiencing significant growth, with substantial multi-family developments underway nearby, including the Glenmary Apartments (270 units) and an approved project adding over 480 apartments and townhomes. This property's combination of size, zoning, location, and infrastructure access makes it an exceptional investment opportunity. The asking price is $636,000. The lease on the existing structure expires September 4, 2025. The property is located in Jefferson County, Kentucky, zip code 40291.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.