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Hughes Ave
Crestwood, KY 40014
Crestwood Development Site · Land For Sale
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6.46 AC
Executive Summary
Northmarq is pleased to introduce the Crestwood Development Site, a ±6.46-acre development site located in Louisville’s eastern corridor. With zoning and entitlements in-place, the Crestwood Development Site is shovel-ready for developers to begin construction on 96 multifamily units. Louisville’s outward growth in recent years has had a positive ripple effect on the towns beyond city limits. This expansion has spurred economic development and increased opportunities for neighboring communities. The Crestwood Development Site resides outside of Jefferson County, KY, providing developers with a low barrier to entry. Additionally, Crestwood boasts superb demographics with median incomes over $80,000 and home values exceeding $340,000+ within a 1-mile radius of the property. The Crestwood Development Site offers developers a poised opportunity to enter a robust and promising market.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 6.46 AC |
| Zoning | R-4 - Fully Entitled | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 6.46 AC |
| Zoning | R-4 - Fully Entitled |
1 Lot Available
Lot
| Price | $1,368,730 CAD | Lot Size | 6.46 AC |
| Price Per AC | $211,877.70 CAD |
| Price | $1,368,730 CAD |
| Price Per AC | $211,877.70 CAD |
| Lot Size | 6.46 AC |
Property Taxes
| Parcel Number | 24-24.02.06-00-16 | Improvements Assessment | $0 CAD |
| Land Assessment | $164,424 CAD | Total Assessment | $164,424 CAD |
Property Taxes
Parcel Number
24-24.02.06-00-16
Land Assessment
$164,424 CAD
Improvements Assessment
$0 CAD
Total Assessment
$164,424 CAD
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