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Property profile & analytics
OFF-MARKET
Commercial real estate

9401 Old Bardstown Rd Louisville, KY 40291

1.73 ac lot
Property ID
US34-0013123
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 1.73 ac (75,359 SF)
UPID US34-0013123
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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