9705 Cedar Creek Rd Louisville, KY 40228
This exceptional 25.35-acre parcel presents a remarkable opportunity for residential development in Louisville, Kentucky. Located in Jefferson County, the property boasts a desirable R-4 zoning designation, permitting single-family residential construction. An approved development plan outlines the potential for 50 individual lots, capitalizing on the strong demand for new homes in this thriving area. The land itself is largely cleared and gently sloping, offering ease of development. Access is provided via Cedar Creek Road, encompassing over 18 acres, with an additional 7+ acres fronting Independence School Road. Its strategic location places it in close proximity to established retail amenities, employment centers, and several successful new residential subdivisions including Cedar Brook, Heritage Creek, Creek View, and Primrose Meadows, underscoring the significant growth and desirability of this neighborhood. The property's two APNs are 008600180000 and 008600170000. The asking price is $1,520,000, translating to $59,960 per acre. This represents a compelling investment in a high-growth residential market with significant upside potential. The address is 9705 Cedar Creek Rd, Louisville, KY 40228.
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.