100 Codell Dr – Lexington$ 750,000.00
Address: 100 Codell Dr / 96 Codell Dr / 601 Old Todds Rd, Lexington, KY 40509
- Redevelopment Opportunity inside of Urban Services Boundary.
- Infill property with potential for higher density use.
- Easy to find and visible at the intersection of Codell Drive and Todds Road.
- Existing house on property could be renovated or razed depending upon intended use.
- Existing zoning is R-3 on 100 Codell Dr. and A-U for 96 Codell Dr. and 601 Old Todds Road.
- May be able to acquire additional land area from the stub in off Old Todds Road which is now a dead end and no longer with public access.*
- Surrounded by development and suitable for any number of possible uses (subject to zone change) including retail, long term care/assisted living or congregate housing, multi-family apartments, affordable housing, churches or many other possible uses.
Note: Tenant is in the house and all showings of the property are by appointment only.
Total Lot Size: 3.66 AC
Property Type: Redevelopment Land
Tract 1 – 100 Codell Dr
Lot Size: 2.811 AC / Zoning: R-3 – Planned Nbhd Residential
Tract 2 – 96 Codell Dr
Lot Size: 0.527 AC / Zoning: A-U – Agricultural Urban
Tract 3 – 601 Old Todds Rd
Lot Size: 0.32 AC / Zoning: A-U – Agricultural Urban