For Sale | Corner Development Lot | Lexington, KY

Vacant Land for Sale
Catylist Listing ID: 30543747
Property Subtypes: Residential (Single Family), Retail, Other
Gross Land Area: 0.52 Acres
Sale Price: $199,950
Unit Price: $384,519 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/19/2021

Overview / Comments

+/-.5166 AC corner lot near downtown Lexington, KY for sale. The lot is situated at the corner of North Broadway and 12th Street with 150 feet of frontage on North Broadway. The lot is being sold for potential rezone from R-1C to R-4 (High Density Apartment).

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 40973000
Zoning: R-1C, SINGLE FAMILY RESIDENTIAL
Property Located Between: North Broadway and 12th Street
Property Visibility: Excellent
Site Description: Located on North Broadway near Loudon Avenue. The property is located less than 1 mile to downtown Lexington and has easy access to New Circle Road and Interstates I-75/64. Presently, 10,500 employees are working in Lexington's Central Business District. North Broadway has an average daily traffic count of +/-15,424 ('16) near the site. This property may be eligible to benefit from incentives for investing in Opportunity Zones - to learn more visit http://www.thinkkentucky.com/OZ/.
Zoning Description: R-1C, Single Family Residential

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,367 101,927 201,051
Median Age: 37.31 33.86 35.49
Households: 5,503 42,530 84,449

Contact

Photograph of Listing Agent

John P Miller

NAI Isaac KCREA Member
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