Georegtown Rd Parcel Prime for Development

Vacant Land for Sale
Catylist Listing ID: 30740593
Property Subtypes: Agricultural, Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail, Self Storage
Gross Land Area: 12.02 Acres
Sale Price: $1,200,000
Unit Price: $99,833 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/11/2021

Overview / Comments

We are pleased to present this development opportunity in a premier location in the state — right at the intersection of I-64 & I-75. Currently the parcel is zoned A-R, but the future of the site will be determined by the next buyer. See the site plan and video to understand the unique positioning of this parcel, which boast of highway visibility and access from US-25. This site is located just 6 miles from downtown Lexington, and 7 miles from downtown Georgetown. It currently has adjacent land zoned B-3, home to Winner’s Circle Trailer Sales and Service.

HIGHLIGHTS:
PREMIER location in between Lexington, Ky and Georgetown, Ky, just off I-64 and I-75.
12.02 acres zoned A-R
Situated near I-75 and I-64, just off US-25
Close proximity to Lexington Ky and Georgetown Ky
VPD on I-75 just south is 77,875
Kentucky boasts of being within a day’s drive of two-thirds of the U.S. Population, at the center of a 34 state distribution area in the eastern United States

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 25214825
Zoning: A-R
Area 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.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,003 25,851 86,598
Median Age: 32.38 33.66 35.33
Households: 1,444 9,049 33,719
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