Interstate Commercial Development in progress - Georgetown, KY
Vacant Land
for Sale
| Catylist Listing ID: |
30370420 |
| Property Subtypes: |
Hospitality, Office, Retail, Retail-Pad
|
| Gross Land Area: |
11.20 Acres
|
| Sale Price: |
$4,000,000 |
| Unit Price: |
$357,142 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/28/2024 |
Overview / Comments
|
Prime commercial land with high visibility immediately available for sale on Cherry Blossom Way adjacent to I-75. Excellent location for all types of commercial uses along the city's most vibrant interstate exit. Commercial component to neighboring Cherry Blossom community and other thriving commerce. Planet Fitness is under construction and a Towneplace Suites is coming soon. Georgetown, KY continues to be regarded as Kentucky's fastest growing area. Property can be subdivided.
|
Additional Details
| Nearest MSA: |
Lexington-Fayette |
| County: |
Scott |
| Zoning: |
B-5 |
| Property Located Between: |
I-75 / Cherry Blossom Way / Connector Road |
| Highway Access: |
I-75 |
| Zoning Description: |
B-5 |
| Development Name: |
The Shoppes at Cherry Pointe |
| Easements: |
Utilities |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,428 |
25,199 |
34,338 |
| Median Age: |
33.89 |
32.47 |
33.61 |
| Households: |
1,297 |
9,306 |
12,706 |
|
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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.
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