2080 Lexington Road – Nicholasville

$ 2,250,000.00
Purpose Sale
Type: ,
Location
Total Lot Size47.35 AC
Zoning DescriptionB-2, Highway Business District
Property Sub-TypeCommercial/Other (land)
Additional Sub-TypesMultifamily (land), Retail-Pad (land)
Property UseMixed-Use Development

Address: 2080 Lexington Road, Nicholasville, KY 40356

Hard corner intersection with traffic light. Prime 47.35 acre mixed-use development opportunity with 4 commercial lots totaling 4.5 acres fronting Lexington Road (US 27) and the remaining land suitable for multifamily development. US 27 is the primary access corridor of Nicholasville, which contains the bulk of area commercial development extending toward Lexington. This property is located right next to Toyota of Nicholasville, has high visibilty from both north-bound and south-bound US 27, approximately 40,000 vehicles per day. Zoned B-2, Highway Business District, which allows for multiple commercial uses.

Located approximately 4.6 miles south of Nicholasville Road and Man-O-War Boulevard intersection and 2.4 miles north of downtown Nicholasville. Surrounding developments include: Walmart, Kohl’s/Sam’ s Club, St. Joseph Hospital, Lowes, Brannon Crossing, Fayette Mall, etc.

4.5 acres of commercial outlots fronting US 27 available for $300,000/acre. $1,800,000 for 42.85 acre of non-frontgate property.

Highlights

  • Prime mixed-use development opportunity
  • Approximate 4.5 acre commercial lot fronting US 27
  • Remaining 42.85 acre suitable for multifamily development
  • High visibility with approximately 40,000 vehicles per day
  • Surrounding developments include: Walmart, Kohl’s/Sam’ s Club, St. Joseph Hospital, Lowes, Brannon Crossing, Fayette Mall, etc.
  • Hard Corner Intersection with Traffic Light for great visibility and excellent access

Utilities

  • Electricity/Power
  • Water
  • Telephone
  • Cable
  • Gas/Propane
Lot 1

Price: $2,250,000
Lot Size: 47.35 AC
Price/AC: $47,518.48
Lot Type: Commercial/ Other (land)
Min. Divisible: 1 AC
Max. Contiguous: 47.35 AC
APN / Parcel ID: 056-00-00-006.00
Commission Split: 3%

Adjacent to Toyota on Nicholasville, just over the Fayette County line on a major corridor.

Flyer Survey Survey with Topo Clean Survey with Subdivide 7 Site Plan