Newtown Pike Development Site

Vacant Land for Sale
Catylist Listing ID: 30865100
Property Subtypes: Hospitality, Industrial, Office, Other
Gross Land Area: 22.20 Acres
Sale Price: $6,105,000
Unit Price: $275,000 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2024

Overview / Comments

Property Summary
• 22.2±Acres
• Frontage on Newtown Pike
• Easy Access to New Circle Road
• Zoned I-1 Light Industrial
• Lexington, KY –Growth Corridor near I-64 / I-75
• Ideal for Mixed Use, Office or Industrial Project

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 13219300
Property Located Between: Newtown Pike and W. New Circle Road
Property Visibility: Excellent
Largest Nearby Street: Newtown Pike

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,888 105,535 181,752
Median Age: 35.76 33.68 35.46
Households: 3,917 42,493 75,428


Photograph of Listing Agent

Michael P Somervell

CBRE Inc. KCREA Member
Photograph of Listing Agent

David L Hardy

CBRE Inc. KCREA Member
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