Catylist ID:
#30631781
Interstate Access & Exposure on I-75 (Exit 97)
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: | 30631781 |
| Property Subtypes: | Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other |
| Status: | Pending |
| Gross Land Area: | 4.35 Acres |
| Sale Price: | $40,000 Per Acre |
| Total Price: | $174,000 |
| Land Splits Available: | Yes |
| Sale Terms: | Cash to Seller, Owner Financing, Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/27/2020 |
Overview / Comments
|
Located about 10 min south of Lexington, this site formerly housed an asphalt plant to a non-local paving company. It is conveniently located about 100' from the on ramp to I-75 (Igo Rd exit 97). Utilities (KU & internet) are in place, the land is out of the floodplain, and much of the property is either paved or pounded gravel. Potential uses for the site include warehouse/manufacturing, storage, fleet parking, office/industrial and retail – but any business seeking a convenient location by the interstate will enjoy the benefits of this location. *UPDATE 8/17/2020* The defunct truck stop across the street is going up for absolute auction Sept 16. There is expected to be a new owner/operator at that location very soon. Please contact me for more info. |
Attachments & Media
Additional Details
| Nearest MSA: | Richmond-Berea |
| County: | Madison |
| Taxing Authority: | Madison County PVA |
| Tax ID/APN: | 0038-0000-0021-A |
| Zoning: | UC-7 |
| Property Visibility: | Good |
| Largest Nearby Street: | I-75 |
| Site Description: | Rare parcel of UC7 land near the on-ramp to I-75. 10 min south of Lexington at exit 97, it sits out of the floodplain and has 2 points of entry along Carr Lane. It's mostly pavement and pounded gravel, with an elevation at the southern boundary and a paved road down to the northern section where an asphalt plant operated for many years. |
| Area Description: | The area is growing as the suburban/rural sprawl accelerates. The property sits in the northern tip of Madison County, KY. |
| Lot Frontage: | 748 |
| Lot Depth: | 350 |
| Easements: | Utilities |
| Easements Description: | KU overhead wires, and the cable company (which can be moved, or run underground). |
| Available Utilities: | Electric, Water, Broadband |
| Water Service: | Municipal |
| Sewer Type: | Septic |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 5,444 | 7,556 |
| Median Age: | 39.57 | 40.5 |
| Households: | 1,997 | 2,835 |
Contact
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