For Sale | +/-15-90 AC of Rural Residential Land | Georgetown, KY
Vacant Land
for Sale
| Catylist Listing ID: |
30566002 |
| Property Subtypes: |
Agricultural, Other
|
| Gross Land Area: |
15 - 90 Acres
|
| Sale Price: |
$225,000 - 1,350,000 |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
10/15/2020 |
Overview / Comments
|
+/-15 - 90 acres of A-1 zoned (Agricultural) land for sale in Georgetown. The land is located near Toyota Manufacturing Plant and Delaplain Industrial Park. Currently zoned A-1 and shown as Rural Residential (R-5) Future Land Use. Rural Residential (A-5) zone district is to provide a buffer between the most urban areas of the city and traditional agricultural lands.
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Additional Details
| Nearest MSA: |
Lexington-Fayette |
| County: |
Scott |
| Tax ID/APN: |
185-40-007.001 |
| Zoning: |
A-1, AGRICULTURAL |
| Property Visibility: |
Good |
| Area Description: |
The property is located +/-3 miles from Exit 129 at I-75 near the Toyota Manufacturing Plant. The Georgetown/Scott County area has been growing rapidly in recent years. The Kentucky State Data Center projects the population of Scott County will double in the next 25 years. Both Georgetown and Scott County have experienced employment increases. The recent expansion to several of the local manufacturing companies, Toyota's $1.3 Billion commitment to re-tool the Toyota Motor Manufacturing Plant, the addition of a new 125,000 sf Kroger Marketplace, several new subdivisions and a new high school shows steady growth for Georgetown and Scott County. |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
6,620 |
18,647 |
| Median Age: |
36.75 |
35.98 |
| Households: |
2,392 |
6,913 |
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