Midway, KY I-64 Industrial Land

Vacant Land for Sale
Catylist Listing ID: 30654741
Property Subtypes: Industrial
Gross Land Area: 78.96 Acres
Sale Price: $95,000 Per Acre
Total Price: $7,501,200
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/23/2020

Overview / Comments

We are pleased to present 78.96 Acres in Midway, KY. This I-1 land is well located Interstate land at Exit 65 on I-64 in Midway, is primed for development. Over 41,000 vehicles per day drive by on I-64. Located at Exit 65 and adjacent to the Midway Station industrial park with primary access from McKinney Ave within Midway Station. The property is well suited for a large single user as the site could accommodate a building in excess of 1 million square feet. All utilities including natural gas are at the property boundary. Midway has ample water and sewer capacity to accommodate most any user. This property is well suited for distribution or light manufacturing. Both Midway and Woodford County will participate in Kentucky industrial incentives. Midway's location is an easy commute for most of Central Kentucky. American HOWA of Kentucky (80 employees) and Lakeshore Learning (300 employees and 100 more coming soon) are on site. McDonald's, Subway, and Speedway at the same exit. Woodford County and the town of Midway are desiring to create more jobs in their community. Multiple signature distilleries are nestled within 20 miles of Midway & Versailles, KY, including Woodford County's signature Woodford Reserve. Beautiful horse country surrounding and the home of Triple Crown winners Justify and American Pharoah, don't let this opportunity "pass you by."

Cabinet of Economic Development - https://www.thinkkentucky.com/
Woodford County Economic Development - http://woodfordeda.com/
Woodford County Chamber of Commerce - https://www.woodfordcountyinfo.com/

Highlights:
78.96 Acres of I-1
Can be subdivided
$95,000 per acre
41,000 + VPD
All utilities including natural gas are at property boundary.
Ample water and sewer capacity
Situated at I-64 at Exit 65
HOWA, Lakeshore Learning, McDonald's, Shell, Subway at Exit 65
Lakeshore Learning 500,000 current expansion adding +/- 100 jobs
Multiple signature distilleries within 20 miles
Downtown Lexington within 15 miles
Frankfort 13 miles
Georgetown Toyota Plant 13 miles
Horse Capital of the World

Additional Details

Nearest MSA: Lexington-Fayette
County: Woodford
Tax ID/APN: 37-0000-006-00
Zoning: I-1
Property Visibility: Good

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,800 15,558
Median Age: 40.13 37.24
Households: 1,366 5,792
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