5103 Billtown RdLouisville, KY 40299

Property Details for 5103 Billtown Rd

Lot size

5.00 AC

Property type

Land

Description

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.

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.1715

Longitude

-85.5724

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