For Sale | +/-161 AC of Industrial Land | Georgetown, KY

Vacant Land for Sale
Catylist Listing ID: 30565042
Property Subtypes: Industrial
Gross Land Area: 161 Acres
Sale Price: $39,500 Per Acre
Total Price: $6,359,500
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/2/2020

Overview / Comments

+/- 161 acres of zoned I-1 land for sale in Georgetown. The land is located across from Toyota Manufacturing Plant and near Delaplain Industrial Park.

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Additional Details

Nearest MSA: Lexington-Fayette
County: Scott
Tax ID/APN: 186-20-001.000
Zoning: I-1, LIGHT INDUSTRIAL
Property Visibility: Good
Area Description: The property is located +/-2 miles from Exit 129 at I-75 across from the Toyota Manufacturing Plant. The Georgetown/Scott County area has been growing rapidly in recent years. Georgetown is the 8th fastest growing city in Kentucky with a population growth rate of 11% over a five year period. 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.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,657 22,910
Median Age: 33.86 34.88
Households: 1,642 8,297

Contact

Photograph of Listing Agent

Bruce R Isaac

NAI Isaac KCREA Member
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