US 27 Bypass Retail Lots

Vacant Land for Sale
Catylist Listing ID: 30361538
Property Subtypes: Office, Retail
Gross Land Area: 1.02 - 8.64 Acres
Sale Price: $400,000 - 700,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/2/2019

Overview / Comments

+/-8.64 AC for sale in Nicholasville, Kentucky. The lot sizes range from +/-1.02 - 1.61 AC for office/retail use. The site is strategically positioned 10 miles South of Lexington, on well-traveled 5-Lane Bypass that connects North and South Nicholasville and provides Lexington travelers with easy access to Southern Kentucky. Approved direct access from US 27 and future access via Keene Centre Drive. Adjacent tenants include Firehouse Subs, Anytime Fitness, Copper River Restaurant, Raising Canes, The Prescription Pad, Citizens National Bank, Bellaire Christian Academy and Bypass Liquor who bring significant traffic to the property. Located on a major highway that enjoys +/-29,769 cars per day and is in the immediate vicinity of numerous residential developments. Zoned B-2, Highway Business District (permitted uses include, but are not limited to, motels, hotels, car wash, banks, credit agencies, savings and loan companies, investment companies, kennel, animal hospital or vet clinic, medical office/emergency center). Sale Price: $700,000 per acre for front row lots and $400,000 per acre for second row lots.

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Jessamine
Tax ID/APN: 045-00-00-095.02
Zoning: B-2, HIGHWAY BUSINESS DISTRICT
Property Visibility: Excellent
Highway Access: US 127 Bypass
Airports: Bluegrass Airport
Topography: Gently Sloping

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,103 32,656 50,489
Median Age: 34.26 34.56 35.97
Households: 2,271 12,096 18,511

Contact

Photograph of Listing Agent

Jim Holbrook

NAI Isaac KCREA Member
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