Commercial Development Opportunity Near the Bypass

Vacant Land for Sale
Catylist Listing ID: 30815755
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Self Storage
Gross Land Area: 36 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/1/2023

Overview / Comments

We are pleased to present this prime development opportunity in growing Jessamine County, located in Nicholasville, Ky. Since 2010, Jessamine Co is the 12th fastest growing Co in the entire state of Kentucky (having grown 12.7%). Zoned B-2, these 36 acres are primed for commercial development. 23 acres are on one side of the bypass, and the remaining 13 acres are directly across. The property is situated at the two corners of US-27 and the Nicholasville Bypass. Potential buyers and developers will notice the unique frontage along US-27, plenty of room to develop behind the required setbacks, and potential to control two corners of US-27 and the Nicholasville Bypass.

Premier Nicholasville, Ky Development Land just off US-27 in the path of progress
36 acres zoned B-2
19,537 VPD on US-27
Nearby Wilmore, Ky (6.2 miles) is Kentucky's fastest growing city in 2021
Previously approved development plan had two entrances
Just 6 minutes from downtown Nicholasville Rd & 11 miles from Brannon Crossing, a premier Nicholasville Ky development
Nearby ballpark receives ~2,000 visitors each weekend
Kentucky boasts of being within a day’s drive of two-thirds of the U.S. Population

Additional Details

Nearest MSA: Lexington-Fayette
County: Jessamine
Tax ID/APN: 047-00-00-036.00
Zoning: B-2
Property Visibility: Excellent
Largest Nearby Street: US-27

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,496 23,407 37,477
Median Age: 33.42 33.69 35.33
Households: 2,128 8,787 13,890
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