5.4 Acres - Nicholasville KY

Vacant Land for Sale
Catylist Listing ID: 30872555
Property Subtypes: Hospitality, Retail, Retail-Pad, Other
Gross Land Area: 5.40 Acres
Sale Price: $2,650,000
Unit Price: $490,740 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2024

Overview / Comments

**FOR SALE: 3012 Lexington Rd, Nicholasville, KY 40356**

Discover a prime investment opportunity at 3012 Lexington Road, offering approximately 5.4 acres of land for sale at $2,650,000.

This property, zoned B-2 Local Commercial, boasts direct access from US 27 / Lexington Road and Vince Road at a signalized intersection, with the added advantage of being adjacent to the upcoming Wawa scheduled to open in 2025.

Situated within a bustling retail hub that includes Kohl’s, Sam’s Club, Starbucks, and Brannon Crossing, this location benefits from high visibility with a traffic count of 38,489 VPD on Lexington Rd. Additionally, the 2023 drive-time demographics reveal a significant population and strong average household income within 5, 10, and 15-minute radii. Don't miss this opportunity to own a strategic piece of real estate in a thriving commercial area, ideal for a wide range of development possibilities.

Contact us today to make 3012 Lexington Road your next successful venture.

Additional Details

Nearest MSA: Lexington-Fayette
County: Jessamine
Tax ID/APN: 068-00-00-015.00
Zoning: B-2 LOCAL COMMERCIAL
Highway Access: Located at a signalized intersection with direct access to US27 / Lexington Road and Vince Road, the parcel is perfect for your business.
Zoning Description: Zoned B-2, this versatile property is primed for various commercial uses, making it an ideal choice for astute investors.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 29,676 122,743
Median Age: 35.8 35.63
Households: 11,241 50,264

Contact

Photograph of Listing Agent

Cheryl Moss Johnston

CMI Properties KCREA Member
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