For Sale
$1,080,000

5103 Billtown Rd Louisville, KY 40299

5-Acre Jeffersontown Land, R-4 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 5-acre commercial land parcel presents a prime development opportunity in Jeffersontown, Kentucky. Located on Billtown Road, this level and cleared rectangular site boasts an R-4 zoning designation, ideal for multi-family residential projects such as apartments or townhomes. The property's convenient location offers easy access to Wheeler Elementary School (within walking distance) and Carrithers Middle School (short bus ride). Its proximity to Blankenbaker Crossings ensures convenient access to major employment centers and nearby grocery stores. This single-owner property comprises two contiguous lots, providing flexibility for development. Preliminary estimates suggest the potential for 70-80 residential units. The seller is offering a reasonable timeframe for buyers to pursue necessary rezoning if needed. Priced at $1,080,000 ($216,000/acre), this property represents a compelling investment in a thriving Kentucky community. The address encompasses two parcels: 5103 and 5107 Billtown Rd, Jeffersontown, KY 40299, within Jefferson County. This is a rare opportunity to acquire a sizable, well-situated development site with significant potential for high returns.

Highlights

  • 5-acre site
  • 70-80 unit apartment development potential
  • Proximity to elementary and middle schools
  • South of major employment hubs

Property Details for 5103 Billtown Rd

Property type
Land
Lot Size (sq. ft)
217,800 SF

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.1715149
Longitude
-85.5724145
5103 Billtown Rd, Louisville, Kentucky

FAQs

What type of property is this?
Land - 5-Acre Jeffersontown Land, R-4 Zoning
Where is the land located?
The property is located at 5103 Billtown Rd Louisville, KY.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: 5-acre site; 70-80 unit apartment development potential; Proximity to elementary and middle schools
How can I contact the broker?
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5103 Billtown Rd
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