For Sale | +/-161 AC of Industrial Land | Georgetown, KY
Vacant Land
for Sale
Catylist Listing ID: |
30565042 |
Property Subtypes: |
Industrial
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Gross Land Area: |
161 Acres
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Sale Price: |
$39,500 Per Acre |
Total Price: |
$6,359,500 |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
2/15/2021 |
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 |
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