
5716 Barrett Ln Louisville, KY 40272
Land | 0.89 acres
Marketing description
Development opportunity in Valley Station just steps from Dixie Hwy. Two flat adjacent parcels of land zoned C2 Commercial, 0.892 acres total, per Jefferson County LOJIC maps. There are currently houses and outbuildings on each parcel which need to be razed due to condition. Both parcels, 5712 & 5716 Barrett Ln will be sold together for 1 price, in AS-IS condition. The value of these parcels is believed to be in the land, however if the buyer chooses to renovate the current structures for residential living, a zoning change will be required at buyer's expense. These parcels are situated directly across from a national fast food restaurant and a major retailer. One parcel, 5716 sits adjacent to a corner convenience store/gas station. This could be an excellent opportunity to build a small retail or service establishment or an apartment building(s) with proper approved zoning changes and permitting. Buyer will be responsible for the cost of razing of all current structures if so desired, clearing of all trees and debris and obtaining all necessary surveys, permits and zoning. Per seller & the land development reports, each parcel currently contains one MSD sewer tap. Utilities remain connected to both houses. All showings need to be arranged through the listing agents. Please do not enter on to these properties without permission from the listing agents.
Investment highlights
Adjacent to a Walmart, Gas Station & McDonalds. Several restaurants and retail establishments within walking distance.
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