Catylist ID:
#30857129
2.99 Usable Acres of Light Industrial Land For SALE
Vacant Land
for Sale
| Catylist Listing ID: | 30857129 |
| Property Subtypes: | Industrial |
| Gross Land Area: | 2.99 Acres |
| Sale Price: | $1,050,000 |
| Unit Price: | $351,170 Per Acre |
| In Opportunity Zone? | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/29/2024 |
Overview / Comments
|
We are pleased to bring to market an exceptionally rare tract of industrial frontage land located at 981 & 985 Freight Boulevard. The two tracts combined have over 500 linear feet of frontage to Newtown Pike which sees on average 34,000 VPD/day. The two parcels contain 4.14 acres (gross) with the usable acreage at 2.99 acres. The land sits flat needing minor site work and is already entitled with all utilities to the site. Viable uses for the rarely available I-1 zoning include but are not limited to: Self Storage, rental equipment retailers, oil change/service stations, office/flex space, as well as light manufacturing. Design services for build-to-suit opportunities are available upon request. |
Attachments & Media
Additional Details
| Nearest MSA: | Lexington-Fayette |
| County: | Fayette |
| Tax ID/APN: | 38266100 |
| Zoning: | I-1 |
| Site Description: | Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 12,121 | 109,535 | 185,191 |
| Median Age: | 35.8 | 33.81 | 35.63 |
| Households: | 4,905 | 44,425 | 76,963 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions. |
