Price Reduced: Lexington Development Lot For Sale

Vacant Land for Sale
Catylist Listing ID: 30496474
Property Subtypes: Office
Gross Land Area: 1.84 Acres
Sale Price: $400,000
Unit Price: $217,391 Per Acre
Sale Terms: Cash to Seller
Last Updated: 11/22/2021

Overview / Comments

We are pleased to present a 1.84 acre development lot for sale. The owner has an ALTA survey, Phase 1 ESA, and site plans with multiple building designs. Zoned Professional Office (P-1), the site is primed for development for a user that desires to be located near I-75/I-64 and Hamburg Pavilion.

Principal uses include, but are not limited to professional offices, medical facilities, R&D labs, data processing centers, daycares and athletic clubs. The site allows for easy access to Georgetown, Richmond and Winchester via I-75/1-64, New Circle Rd and Man O' War Blvd. The lot is located near an abundance of amenities including Hamburg Pavilion, Hobby Lobby, Lowes and Walmart with additional retail development planned nearby.

• 1.84 Acre Development Lot For Sale Zoned Professional Office (P-1)
• ALTA Survey, Phase 1 ESA, and Multiple Site Plans Available
• Easy Access to I-75/I-64, New Circle Rd, Man O' War Blvd and Winchester Rd
• An Abundance of Nearby Amenities, Including Hamburg Pavilion, Lowes, Walmart and Starbucks

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 38234220
Zoning: P-1
Area Description: The subject property is located near Hamburg Pavilion, one of Central Kentucky's premier shopping destinations, which boasts an abundance of local, regional and national retailers including Costco, Walmart, Lowes, Hobby Lobby, Target, Chick-fil-A, Starbucks, Malone's Steakhouse and Saul Good Restaurant and Pub. Further nearby amenities include easy access to I-75/I-64, New Circle Road, and Man-O-War Boulevard, many banks, professional office users, as well as Lexington's newest Whitaker Family YMCA location.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,187 63,987 171,271
Median Age: 38.11 36.71 34.63
Households: 2,372 28,060 73,915
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