5350 Dixie HwyLouisville, KY 40216

For Sale
$140,000

Prime .295-acre development site, OR-2 zoning.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 0.295-acre parcel presents a remarkable multi-family development opportunity in Louisville, Kentucky. Located at 5350 Dixie Hwy, in Jefferson County (zip code 40216), this property is zoned OR-2, permitting the construction of up to eight modern townhomes with dedicated parking for eleven vehicles. The site's strategic location within a well-established residential area, adjacent to existing apartment complexes and a Walmart Neighborhood Center, ensures high demand and convenient access to essential amenities. Residents will enjoy the proximity to everyday shopping needs, while the property's position between Interstates 264 and 265, just off Dixie Highway, provides excellent connectivity. This land offers a compelling investment prospect, catering to the growing need for quality housing in a desirable Louisville neighborhood. The asking price for this exceptional development opportunity is $140,000. The property's location offers easy access to major roadways, enhancing its appeal to potential residents. This is a rare chance to capitalize on the strong demand for multi-family housing in this thriving area.

Highlights

  • $140,000 asking price for a 0.295-acre land parcel.
  • OR-2 zoning permits multifamily development.
  • Ideal for approximately eight townhomes with eleven parking spaces.
  • Excellent location near a Walmart Neighborhood Market and Flintlock Arms Apartments.
  • Convenient access to I-264 and I-265 via Dixie Highway.

Property Details for 5350 Dixie Hwy

Property type
Other land, Land
Lot Size (sq. ft)
12,850 SF

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.158673078066
Longitude
-85.835329857457
5350 Dixie Hwy, Louisville, Kentucky

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5350 Dixie Hwy
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