Georgetown Development Land | B-2,B-5 & C-1 Use

Vacant Land for Sale
Catylist Listing ID: 30470278
Property Subtypes: Hospitality, Retail
Gross Land Area: 33.64 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/31/2021

Overview / Comments

We are pleased to present this development opportunity at the corner of E Main Extended and McClelland Circle. This 33.64 acre tract is currently zoned B-2, B-5, and C-1. See site plan for details regarding the zoning of the lot. Engineering design has been approved and regulatory process is pending - FEMA zone amendment (thus adding 5+ acres of B-5 land). This property is close to Toyota Motor Manufacturing Plant, Georgetown College, Interstate 75, Amerson Retail Center and Apartments (under construction), and Creekside Elementary School.

HIGHLIGHTS:
- 33.64 Acres of Development Land
- Close proximity to Toyota Manufacturing and Georgetown College
- Situated near I-75 Exit 125
- Only 0.4 miles from Creekside Elementary School
- Scott County is the fastest growing county in Kentucky

Additional Details

Nearest MSA: Lexington-Fayette
County: Scott
Tax ID/APN: 190-30-050.000
Zoning: B-2,B-5,C-1
Property Visibility: Good
Area Description: Georgetown, Kentucky, located 10 miles north of Lexington off I-75, is the county seat of Scott County as well as the home of Georgetown College, a private liberal arts college. Georgetown is very proud of its heritage and excited about the tremendous growth the city has experienced in the last few years. Scott County is the fastest growing county in Kentucky with population now exceeding 50,000 per the US Census Bureau estimate. Since the opening of Toyota Motor Manufacturing, employment has risen; the City, County, and School System have prospered; Toyota is a wonderful asset to the community and a huge reason for the growth of the town. Georgetown is fortunate to have the finest of Fire, Police and Public Works Departments. The employees are highly trained with benefit of the latest in technology and equipment. Georgetown offers downtown shopping and shopping malls, restaurants, recreation, sports, beautiful surroundings, and Georgetown College.
Zoning Description: B-2,B-5 and C-1 Use

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,905 30,077 34,188
Median Age: 30 32.74 33.58
Households: 2,781 11,170 12,690
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