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$ 470,000
Est. payment | /mo
1.84 Acres Lot
$ 470,000
Est. payment | /mo
1.84 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
Subdivision Limerick
MLS Listing ID 1685082
HOA Y/N No
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Lot Size 1.840 Acres
Acres 1.84
Property Sub-Type Residential Land
Property Description
Discover a rare chance to shape the future of Louisville with this 1.84-acre parcel, ideally situated in the vibrant Limerick neighborhood, adjacent to historic Old Louisville. Located on Sixth Street between Breckenridge and Kentucky, this expansive land offering is nestled next to the Limerick Community Garden and Ben Washer Park, providing a unique blend of urban convenience and green space.
Property Highlights -- 1.84 acres comprised of 10 parcels -- Zoned PD, offering flexibility for a variety of development types -- Prime location in the sought-after SoBro (South of Broadway) area -- Steps from the thriving Old Louisville district and within walking distance to major new developments, including the 319-unit Brown Brother's Cadillac project -- Adjacent to community amenities, parks, and gardens.
Development Potential
This site is perfectly positioned for student housing, multi-family residences, or single-family homes, making it an ideal canvas for visionary developers and investors. The proximity to universities, downtown, and major redevelopment projects ensures high demand and long-term value.
Environmental Status
The property was formerly a dry cleaner and includes a brownfield area currently subject to a state covenant. Importantly, neither a Phase I nor Phase II Environmental Site Assessment is required at this time under the existing agreement. The covenant applies only to a defined portion of the property, which is suitable for surface parking. Residential construction is not permitted on this specific area, but the remainder of the site is ready for your creative vision.
Why This Site? -- Outstanding location in a rapidly growing corridor -- Flexible zoning for diverse development options -- Surrounded by community assets and new investment -- Clear environmental status with defined, manageable restrictions
Don't miss this exceptional opportunity to invest in one of Louisville's most promising neighborhoods. Contact us today to explore the possibilities and make this prime land the foundation of your next successful project.
Property Highlights -- 1.84 acres comprised of 10 parcels -- Zoned PD, offering flexibility for a variety of development types -- Prime location in the sought-after SoBro (South of Broadway) area -- Steps from the thriving Old Louisville district and within walking distance to major new developments, including the 319-unit Brown Brother's Cadillac project -- Adjacent to community amenities, parks, and gardens.
Development Potential
This site is perfectly positioned for student housing, multi-family residences, or single-family homes, making it an ideal canvas for visionary developers and investors. The proximity to universities, downtown, and major redevelopment projects ensures high demand and long-term value.
Environmental Status
The property was formerly a dry cleaner and includes a brownfield area currently subject to a state covenant. Importantly, neither a Phase I nor Phase II Environmental Site Assessment is required at this time under the existing agreement. The covenant applies only to a defined portion of the property, which is suitable for surface parking. Residential construction is not permitted on this specific area, but the remainder of the site is ready for your creative vision.
Why This Site? -- Outstanding location in a rapidly growing corridor -- Flexible zoning for diverse development options -- Surrounded by community assets and new investment -- Clear environmental status with defined, manageable restrictions
Don't miss this exceptional opportunity to invest in one of Louisville's most promising neighborhoods. Contact us today to explore the possibilities and make this prime land the foundation of your next successful project.
Location
State KY
County Jefferson
Direction Breckenridge to Sixth
Exterior
View Y/N No
Building
Lot Description Sidewalk, Cleared, Survey Available
Sewer None
Water Public
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Listed by EXP Realty LLC
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1991 Crocker Rd, Suite 600, Westlake, Ohio, 44145, United States