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5862 New Cut Rd - New Cut Road Land 2.1 Acres of Commercial Land Offered at $945,000 in Louisville, KY 40214

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INVESTMENT HIGHLIGHTS

  • Corner property
  • Located in good mix of residential and commercial users
  • Great opportunity for redevelopment

EXECUTIVE SUMMARY

Excellent visibility on New Cut Road
Approximately 300 feet of frontage
Located in the corner of New Cut and Star Lane

PROPERTY FACTS Under Contract

Price $945,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Medical
  • Restaurant
Total Lot Size 2.10 AC
No. Stories 1
Zoning R-4 - Residential

1 LOT AVAILABLE

Lot

Price $945,000
Price Per AC $450,000.00
Lot Size 2.10 AC

2.10 acres with frontage on New Cut Road and sits between the Outer Loop and Star Lane. The property includes a house that is currently on a short term lease

DESCRIPTION

The site is made up of two parcels at the corner of Star Lane and New Cut Road. The site is flat and has great visibility as it sits on New Cut and has approximately 300 feet of frontage. One of the tracts has a house on it that is being leased on a short term basis. (Seller's Disclosure of Property Condition is available) Located in a stable area with a mix of residential and commercial users. A Taco Bell is being developed on property next to the site.

  • Listing ID: 23550329

  • Date on Market: 6/30/2021

  • Last Updated:

  • Address: 5862 New Cut Rd, Louisville, KY 40214

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