5 Acres Hypergrowth Area- Stellar Demos
Vacant Land
for Sale
| Catylist Listing ID: |
30744580 |
| Property Subtypes: |
Multi-Family, Retail, Retail-Pad, Other
|
| Gross Land Area: |
5 Acres
|
| Sale Price: |
$3,250,000 |
| Unit Price: |
$650,000 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/16/2024 |
Overview / Comments
An incredible opportunity to own 5 Acres of land at a signalized intersection of an explosive Commercial Corridor (Jessamine/Fayette Counties area) with new developments planned/proposed across the street with over 45,000 VPD traveling by the site.
New retailers and rooftops are proposed in the immediate area that will further enhance the growth of this dynamic growth area of Northern Jessamine County.
|
Additional Details
| Nearest MSA: |
Lexington-Fayette |
| County: |
Jessamine |
| Zoning: |
B-1 |
| Property Located Between: |
On Nicholasville Rd / Lexington Road - Corner of Ashgrove Pike |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Nicholasville Rd |
| Traffic/Vehicle Count: |
44,246 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,289 |
70,022 |
157,153 |
| Median Age: |
37.11 |
36.18 |
36.92 |
| Households: |
775 |
29,609 |
67,193 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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