+/-99.64 Acres Mixed-Use Potential

McClelland Circle & Quality Drive Georgetown, KY 40324

McClelland Circle & Quality Drive, Georgetown, KY, 40324
McClelland Circle & Quality Drive, Georgetown, KY, 40324
FOR SALE
Property Type:
Other Land
Amount:
$3,935,780
Last Verified:
Oct 22, 2019

Highlights

  • +/-99.64 acres of development land with mixed-use potential; Owner will divide; Sewer nearby
  • Railroad spur available; Norfolk Southern Railway is adjacent to the east boundary of the site
  • Located on Bypass/McClelland Circle in southeast Georgetown with easy access to I-75/I-64 and Georgetown's Central Business District
  • Georgetown is one of Kentucky's fastest growing communities and the American home of Toyota's Camry, Solara, and Avalon production facility; Toyota started building the Lexus ES 350 in 2015 (investing $360 million and creating 750 new jobs to produce 50,000 vehicles annually) Source: Toyota
  • Zoned I-1 Light Industrial and I-1 (ELSI) Environmentally Sensitive Light Industrial
  • Sale Price: $39,500 per acre
  • Additional +/-22.69 acres of land for sale by same owner just across McClelland Circle on Quality Drive

Description

NAI Isaac is pleased to present +/-99.64 acres of development land with mixed-use potential for sale. Owner will divide; sewer nearby. Railroad spur available; Norfolk Southern Railway is adjacent to the east boundary of the site. Located on Bypass/McClelland Circle in southeast Georgetown with easy access to I-75/I-64 and Georgetown's Central Business District. Georgetown is one of Kentucky's fastest growing communities and the American home of Toyota's Camry, Solara, and Avalon production facility; Toyota started building the Lexus ES 350 in 2015 (investing $360 million and creating 750 new jobs to produce 50,000 vehicles annually) Source: Toyota. Additional +/-22.69 acres of land for sale by same owner just across McClelland Circle on Quality Drive.

The property is located just off the Bypass/McClelland Circle on Quality Drive. The Georgetown/Scott County area has been increasing rapidly in recent years. Both Georgetown and Scott County have experienced employment increases. The well-established horse industry, recent expansion to several of the local manufacturing companies, the firm commitment of the Toyota Motor Manufacturing plant, the new 125,000 sf Kroger Marketplace and new high school shows steady growth for Georgetown and Scott County.

Lot Size: 99.64 acres

Map of McClelland Circle & Quality Drive, Georgetown, KY, 40324

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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."

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

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