+/-161 AC of Industrial Land

892 Delaplain Road Georgetown, KY 40324

892 Delaplain Road, Georgetown, KY, 40324
892 Delaplain Road, Georgetown, KY, 40324 892 Delaplain Road, Georgetown, KY, 40324 892 Delaplain Road, Georgetown, KY, 40324
FOR SALE
Property Type:
Other Land
Amount:
$6,359,500
Last Verified:
Jul 23, 2021

Highlights

  • +/-161 acres of industrial land for sale
  • Located just off I-75 at Exit 129 across from Toyota Manufacturing Plant, near Norfolk Southern Railroad Intermodal Shipping Terminal and Delaplain Industrial Park
  • Norfolk Southern Intermodal Shipping Terminal one mile from the site
  • Across from +/-7,000,000 SF Toyota Motor Manufacturing Plant (Gates 3 & 4), which is the largest Toyota manufacturing plant in the world, annually capable of producing 550,000 vehicles and more than 600,000 engines with over 8,000 employees
  • Average daily traffic count of +/-11,065 ('17) along Cherry Blossom Way
  • Easy access to I-75 and downtown Georgetown, +/-16 miles to Lexington, KY, +/-75 miles to Louisville, KY and +/-68 miles to Cincinnati, OH
  • Utility providers include: water service with Kentucky American Water, electric service with Blue Grass Energy Cooperative Corp and sewer service with Georgetown Municipal Sewer Service
  • Zoned I-1, Light Industrial
  • The Georgetown/Scott County area has been growing rapidly in recent years and the 8th fastest growing city in Kentucky with a population growth rate of 11% over a five year period
  • Sale Price: $6,359,500 / $39,500 per acre
  • Adjacent +/-90 acres also available for sale by the same owner for a combined total of up to +/-250 acres

Description

NAI Isaac is pleased to present +/- 161 acres of zoned I-1 land for sale in Georgetown. The land is located across from Toyota Manufacturing Plant and near Delaplain Industrial Park.

The property is located +/-2 miles from Exit 129 at I-75 across from the Toyota Manufacturing Plant. The Georgetown/Scott County area has been growing rapidly in recent years. Georgetown is the 8th fastest growing city in Kentucky with a population growth rate of 11% over a five year period. Both Georgetown and Scott County have experienced employment increases. The recent expansion to several of the local manufacturing companies, Toyota's $1.3 Billion commitment to re-tool the Toyota Motor Manufacturing Plant, the addition of a new 125,000 sf Kroger Marketplace, several new subdivisions and a new high school shows steady growth for Georgetown and Scott County.

Lot Size: 161.0 acres

Map of 892 Delaplain Road, Georgetown, KY, 40324

Presented by:

Request additional information




Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.