Residential Development Opportunity of 35 Acres Zoned R4 / R1

5127 Terry Road, 5127 R Terry Road, 5601 R Land Cross Drive, Louisville, KY 40216

  • For Sale $860,000
  • Property Type VacantLand
  • Lot Size 35 Acre
  • Date Updated Feb 27, 2024
The property is on the east side of Terry Road, just north of Murray Lane, ready to develop with Sewer access.SVN Menish Commercial Real Estate is proud to present this incredible, residential redevelopment opportunity in Pleasure Ridge Park, just south of Downtown Louisville, Kentucky. Just over 13 acres are flat and ready for development right on Terry Lane. Directly behind that lot to the southeast is 8.22 acres that would be perfect for water retention. The remaining 13.98 acres run to the east-northeast and have power towers, a natural gas line and a sewer line. This is a tremendous development opportunity with great visibility on Terry Road. This property is perfect for patio homes, apartments, single family homes or the newest and hottest national trend in multifamily development; Brand New Single Family Rentals! If you are not aware, call us and we will share where this trend is exploding. If you don't want the 13.98 acres, we can work with you on options. Call or email us to inquire about that.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Highlights

  • 13 Acres Ready for Development
  • All Utilities Available
  • 35 Total Acres For Sale
  • Excellent Location on Terry Road

Contacts

broker

Bill Menish

SVN | Menish Commercial Real Estate

(502) 849-6849

Location

Getting Around

  • Walk Score ®

    4/100 Car-Dependent

  • Transit Score ®

    30/100 Some Transit

  • Bike Score ®

    26/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Louisville, KY
  • Neighborhood Wilke Ridge
  • Zip Code 40216
  • Market Louisville

Points of Interest

  • Gas station

    1.15 miles

  • Speedway

    1.59 miles

  • Kroger

    1.63 miles

  • Speedway

    1.89 miles

  • Speedway

    1.93 miles

  • Kroger

    2.03 miles

  • Thorntons

    2.16 miles

  • Speedway

    2.21 miles

  • Speedway

    2.43 miles

  • Kroger Fuel Center

    3.24 miles

  • Turquoise Lot

    4.85 miles

  • Pink Lot (Bus Lot)

    4.93 miles

  • Yellow Lot

    4.96 miles

  • Blue Lot

    4.98 miles

  • Orange Lot

    5.01 miles

  • Navy Lot

    5.03 miles

  • Walmart Curbside Pickup

    5.06 miles

  • White Lot

    5.07 miles

  • Green Lot

    5.07 miles

  • Black Lot

    5.11 miles

  • Comfort Inn

    2.26 miles

  • Americas Best Value Inn Louisville

    2.44 miles

  • Cottonwood Suites Louisville Fair & Expo Center

    2.81 miles

  • Days Inn & Suites by Wyndham Louisville SW

    2.85 miles

  • Western Hostel

    5.60 miles

  • Value Place Louisville, Kentucky (South)

    5.76 miles

  • Homewood Suites

    5.94 miles

  • Home2 Suites by Hilton Louisville Airport Expo Center

    6.12 miles

  • Holiday Inn Louisville Airport - Fair/Expo

    6.14 miles

  • Ramada by Wyndham Louisville Expo Center

    6.17 miles

  • Subway

    1.42 miles

  • Hibachi Buffet

    1.51 miles

  • Golden Corral

    1.55 miles

  • Pizza Hut

    1.58 miles

  • W.W. Cousins

    1.66 miles

  • Chili's

    1.67 miles

  • McDonald's

    1.73 miles

  • Buffalo Wild Wings

    1.79 miles

  • Cosmic Pizza

    1.83 miles

  • Fuji Asian Restaurant

    1.85 miles

  • Shacklette Elementary School

    0.78 miles

  • Western High School

    0.90 miles

  • Conway Middle School

    0.96 miles

  • Farnsley Middle School

    0.96 miles

  • Kerrick Elementary School

    1.20 miles

  • Holy Cross High School

    1.44 miles

  • Angela Merici High School

    1.45 miles

  • Center at Riverport School

    1.76 miles

  • Crums Lane Elementary School

    1.83 miles

  • Spencerian College

    2.10 miles

  • Shiloh Community Renewal Center Day Care Center

    5.43 miles

  • Little Achiever's Academy

    5.67 miles

  • St. Benedict Center for Early Education

    6.09 miles

  • Kiddie Kampus Day Care

    8.19 miles

  • Lost Child Area

    8.52 miles

  • Rise and Shine Child Care Center

    8.52 miles

Frequently Asked Questions

What is the lease rate for Residential Development Opportunity of 35 Acres Zoned R4 / R1?

Rental asking rate at Residential Development Opportunity of 35 Acres Zoned R4 / R1 is $430,000.00/YR.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Bill Menish

SVN | Menish Commercial Real Estate

(502) 849-6849