Residential Development Opportunity of 35 Acres Zoned R4 / R1

5127 Terry Road, 5127 R Terry Road, 5601 R Land Cross Drive, Louisville, KY 40216
$860,000
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Property 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.

Highlights

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

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Location Description

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

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