Catylist ID:
#30591087
Interstate 75 Development Land Athens Boonesboro Lexington KY
Vacant Land
for Sale
| Catylist Listing ID: | 30591087 |
| Property Subtypes: | Agricultural, Industrial, Retail, Other |
| Gross Land Area: | 154.82 Acres |
| Sale Price: | $5,100,000 |
| Unit Price: | $32,941 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/21/2020 |
Overview / Comments
|
We are pleased to present this incredibly well located Interstate land at Exit 104 on I-75 in Lexington, Kentucky. Exit 104 is the first exit coming into Lexington from I-75 South, and over 92,000 vehicles per day drive by the site. This land is a development opportunity at I-75 and Athens Boonesboro/Richmond Road which turns into Main Street and is a major thoroughfare to the heart of Lexington. This 154.8168 acre tract has 69.3298 acres currently zoned B-5P and 85.487 acres zoned A-R. Utilities are to the site and sewer pump is in place with potential up-sizing possible for future capacity available. 24,000+ VPD for Athens Boonesboro Rd & 68,000+ VPD on I-75. Development land includes 5354 Athens Boonesboro Rd, 5380 Athens Boonesboro Rd, & 151 Doe Run Trail. Gateway property to the epicenter of dynamic Lexington, home of the Kentucky Wildcats (University of Kentucky), Lexmark, Valvoline, Keeneland, Select Thoroughbred Sales, Big Ass Fans, Temper Sealy HQ, and A&W Restaurants HQ. Lexington is ranked #3 Best City to Raise a Family, #3 Safest City in America, #4 Best Run City in America, #4 Top U.S. Business Climate, #6 Lowest Startup Costs, and #9 City with Most Diverse Industries. Highlights: 154.8168 acres for development on Interstate Situated at I-75 Exit 104 in Lexington, KY $5,100,000 69.3298 acres currently zoned B-5P and 85.487 acres zoned A-R Utilities to site Sewer Pump with potential for future capacity already in place 24,000+ VPD on Athens Boonesboro Rd & 68,000+ VPD on I-75 Development land includes 5354 Athens Boonesboro Rd, 5380 Athens Boonesboro Rd, & 151 Doe Run Trail |
Attachments & Media
Additional Details
| Nearest MSA: | Lexington-Fayette |
| County: | Fayette |
| Tax ID/APN: | 20198025 |
| Zoning: | 69.3298 ACRES CURRENTLY ZONED B-5P AND 85.487 ACRES ZONED A-R |
| Property Located Between: | Athens Boonesboro | I-75 |
| Property Visibility: | Excellent |
| Area Description: | Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential. |
| Zoning Description: | B-5P & A-R |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 18,086 | 75,400 |
| Median Age: | 36.24 | 35.24 |
| Households: | 7,476 | 32,637 |
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