Development Opportunity of 13 to 35 Acres Zoned R4 / R1

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

$860,000

Price

35 acres

Lot Area

 
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Overview
Lot Area
35 acres
Description

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.



The property is on the east side of Terry Road, just north of Murray Lane, ready to develop with Sewer access.

The prime parcel in this sale is the 13 acres that are ready for development on Terry Lane. There is another 6 acres that would be great for a retention pond. The rest is under the LG&E High Power Lines. We are trying to sell those off to the neighbors or if we have to, we can donate them unless you have a need.

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