+/-1 AC Lot, Zoned I-1

1585 Mercer Road Lexington, KY 40511

1585 Mercer Road, Lexington, KY, 40511
1585 Mercer Road, Lexington, KY, 40511
FOR SALE
Property Type:
Other Land
FOR SALE
Amount:
Please Call Broker for Price

Last Verified:
Aug 10, 2020

Highlights

  • VERY RARE OPPORTUNITY in the Lexington/Central Kentucky Market
  • +/-1 acre development lot for sale
  • Convenient location to all of Lexington, I-75/64, Georgetown/Toyota, Central Kentucky and the greater region
  • Citation Boulevard has improved access to Mercer Road
  • Sale Price: $225,000 REDUCED!

Description

NAI Isaac is pleased to present a +/-1 acre development lot for sale. Customize a building specific to your company to maximize efficiency and streamline operations. Well-positioned location on the north side of Lexington that is convenient to I-75/64, Georgetown/Toyota Manufacturing, Central Kentucky and the Region. Convenient location on the north side of Lexington with access to I-75/64. Citation Boulevard has improved access to Mercer Road.

The property is located on Mercer Road between Leestown and Georgetown Roads in north Lexington. Convenient access to New Circle Road, the city’s inner belt-line, and I-75/64.

Building Size: 15000.0sq ft
Lot Size: 1.0 acres

Map of 1585 Mercer Road, Lexington, KY, 40511

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.