Catylist ID:
#30571844
Georgetown Multi-Family / Residential Zoned Development Land
Vacant Land
for Sale
| Catylist Listing ID: | 30571844 |
| Property Subtypes: | Multi-Family |
| Gross Land Area: | 17.83 Acres |
| Sale Price: | $980,595 |
| Unit Price: | $54,996 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/7/2024 |
Overview / Comments
|
We are pleased to present this development opportunity conveniently located close to I-75 exit 125. This 17.83 acre lot is currently zoned R-2 and is ready for development. R-2 zoning allows for 213 potential multi-family units as pictured on accompanying site plan (see photos). (Note: Current site plan has not yet been submitted for approval to Scott County, Ky Planning and Zoning.) This property is close to the Toyota Motor Manufacturing Plant, Georgetown college, Interstate I-75, and only 0.2 miles from new Creekside Elementary School. Highlights: 17.83 Acres of Development Land Recently Re-zoned R-2: First time on the market Close proximity to Toyota Manufacturing and Georgetown College Only 0.2 miles from the new Creekside Elementary School Situated near I-75 Exit 125 $55,000/Acre |
Attachments & Media
Additional Details
| Nearest MSA: | Lexington-Fayette |
| County: | Scott |
| Zoning: | R-2 |
| Property Visibility: | Excellent |
| Zoning Description: | Multi-Family |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,038 | 26,609 | 34,188 |
| Median Age: | 27.58 | 32.63 | 33.58 |
| Households: | 1,589 | 9,900 | 12,690 |
Contact
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