Residential Development Opportunity of 35 Acres Zoned R4 / R1

For Sale

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

This Louisville property for sale is located at 5127 Terry Road, 5127 R Terry Road, 5601 R Land Cross Drive. The current listed sale price for Residential Development Opportunity of 35 Acres Zoned R4 / R1 is $860,000. Residential Development Opportunity of 35 Acres Zoned R4 / R1 is situated on a lot that is 35 acre in size.

Contacts

broker

Bill Menish

SVN | Menish Commercial Real Estate

(502) 849-6849

Property Details

  • 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.

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Highlights

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

Attachments

Getting around

  • 4/100

    Walk Score ®

  • 30/100

    Transit Score ®

  • 26/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Walmart Supercenter

    0.69 miles

  • Kroger

    1.41 miles

  • Walmart Neighborhood Market

    1.49 miles

  • Kroger Marketplace

    1.73 miles

  • Goody's

    1.84 miles

  • Sears Outlet

    1.85 miles

  • Meijer

    4.09 miles

  • Walmart Supercenter

    4.71 miles

  • ValuMarket

    4.76 miles

  • Big Lots

    4.82 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Bill Menish

SVN | Menish Commercial Real Estate

(502) 849-6849