Approved 252 Units Multifamily Development Site For Sale

This 15.2-acre development opportunity in South Louisville is ideally positioned for multifamily residential development. Located on Mud Lane just off Preston Highway, the property is fully zoned and approved for 252 apartment units, providing developers with a shovel-ready opportunity.

Situated within a Qualified Census Tract (QCT), the site is well suited for either an affordable housing or market-rate apartment community, offering flexibility to meet a variety of development strategies.

The property benefits from excellent access to major retail destinations, including Walmart, Kroger, and numerous national retailers. It is also located near Commerce Crossings, one of Louisville's premier business parks, providing convenient access to a significant employment base.

With strong population growth, sustained housing demand, and proximity to some of Louisville's largest employers, 3902 Mud Lane offers an outstanding opportunity to develop much-needed, employment-driven housing in one of the region's most desirable multifamily submarkets.