7000 Ridge Creek RdLouisville, KY 40291

For Sale
Call for price

14.45 Acres, 192-Unit Potential

Overview

Added:
Dec 11, 2024
Days on market:
97
This exceptional 14.45-acre commercial land parcel, located at 7000 Ridge Creek Rd, Louisville, KY 40291, presents a prime opportunity for multifamily development. Zoned R-6, it boasts an approved plan for up to 192 residential units, maximizing density and return on investment. The gently sloping, wooded site offers a beautiful setting, enhanced by gravity sanitary sewers, simplifying infrastructure development. Situated on Hurstbourne Parkway, the property enjoys exceptional visibility and high traffic counts, exceeding 22,000 vehicles daily. Its strategic location provides easy access to major thoroughfares, including I-65 and I-64, placing residents within close proximity to significant employment centers such as GE Appliance Park and the World Port Distribution Center. Furthermore, the site is conveniently located near affluent residential areas and numerous retail amenities, ensuring strong rental demand. The land is priced at $150,000 per acre, representing a compelling value proposition given its location, zoning, and development potential. This is a rare opportunity to acquire a highly desirable development site in a thriving Louisville submarket. The property's proximity to Mercy Academy further enhances its appeal. This is a turnkey opportunity for developers seeking a high-value, high-traffic location with an approved plan already in place.

Highlights

  • R-6 zoning allows for up to 192 apartments.
  • High-visibility location with direct Hurstbourne Parkway frontage.
  • Proximity to GE Appliance Park, Mercy Academy, and World Port Distribution Center (less than 0.5 miles).
  • Convenient access to I-65 and I-64 interstates.

Property Details for 7000 Ridge Creek Rd

Property type
Multifamily properties, Other land
Square Feet
1 SF
Lot Size (sq. ft)
629,442 SF

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.1616536
Longitude
-85.6302879
7000 Ridge Creek Rd, Louisville, Kentucky

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
7000 Ridge Creek Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message