+/- 6 Acres of Commercial Development Land

Vacant Land for Sale
Catylist Listing ID: 30835815
Property Subtypes: Retail, Other
Gross Land Area: 6.05 Acres
Sale Price: $1,966,250
Unit Price: $325,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/8/2024

Overview / Comments

We are pleased to present this 6.05-acre tract of commercial land available FOR SALE in Georgetown, KY. This property is zoned B-2 (Highway Commercial) and allows for a variety of retail, restaurant and other commercial uses. The property is located at the McClelland Circle (U.S. 460 Bypass)/Frankfort Pike (US 460) intersections and has daily combined traffic counts of over 16,000 VPD. Great Crossing High School, Elkhorn Middle School, and Western Elementary School are all located across McClelland Circle (U.S. 460 Bypass) and create a great opportunity for any business wanting to service that community and the abundant housing in the surrounding area. Nearby businesses include Peoples Bank, Giovanni's Pizza, and Clark's Pump-N-Shop.

HIGHLIGHTS
6.05 Acres For Sale
B-2 Zoning (Highway Commercial)
Over 16,000 VPD
Frankfort Pike (US 460) / McClelland Circle (U.S. 460 Bypass) Intersection
Only 2.4 miles from the Kroger Marketplace center, and only 1.9 miles from Downtown Georgetown/Georgetown College

Additional Details

Nearest MSA: Lexington-Fayette
County: Scott
Zoning: B-2
Property Visibility: Excellent
Site Description: 1878 Frankfort Road is a 6.05-acre tract located at the intersection of McClelland Circle and Frankfort Road in Georgetown (Scott County), Kentucky. This location offers convenient access to Frankfort, KY via Frankfort Pike and is within a 5-minute drive to most of Georgetown.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,940 26,735 38,851
Median Age: 36.72 33.84 34.21
Households: 1,097 10,071 14,363
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