Commercial Land

Lot 601-B N Plaza Drive Nicholasville, KY 40356

Lot 601-B N Plaza Drive, Nicholasville, KY, 40356
Lot 601-B N Plaza Drive, Nicholasville, KY, 40356 Lot 601-B N Plaza Drive, Nicholasville, KY, 40356 Lot 601-B N Plaza Drive, Nicholasville, KY, 40356 Lot 601-B N Plaza Drive, Nicholasville, KY, 40356 Lot 601-B N Plaza Drive, Nicholasville, KY, 40356
FOR SALE
Property Type:
Commercial Land Development
Amount:
$350,000
Last Verified:
Apr 19, 2024

Highlights

  • Low price point for commercial land - Ideal for many retail, office, medical or service uses
  • +/-1.13 AC B-2 Zoned lot for sale
  • Conveniently located on the north side of Nicholasville, +/-5 miles south of Lexington
  • Surrounded by restaurants including Applebee's, Sonny's BBQ, El Rio Grande, Zaxbys, Dairy Queen and Bruster's Ice Cream
  • Area retailers include Walmart, Tractor Supply, Bargain Hunt and more
  • North Plaza Drive has a signalized intersection to the US 27 Bypass with an average daily traffic count of 28,966 ('21)

Description

NAI Isaac is pleased to present +/-1.13 AC of B-2 zoned land for sale. North Plaza Drive is located just off US 27 Bypass in Nicholasville, Kentucky. Well-located on the north side of Nicholasville, +/-5 miles from Lexington with an average daily traffic count on US 27 of +/-28,966 ('21).

North Plaza Drive is located just off US 27 Bypass in Nicholasville, Kentucky. Well-located on the north side of Nicholasville, +/-5 miles from Lexington with an average daily traffic count on US 27 of +/-28,966 ('21). Positioned in the heart of Kentucky's Bluegrass region, on the outskirts of Lexington, Nicholasville, Jessamine County, Kentucky gained more new residents last year than any other city in Kentucky. The area is known for its history, fine antique stores and agricultural heritage. Nicholasville continues to grow steadily, with both residential and commercial real estate on the rise. Today, Nicholasville has affordable housing, excellent schools, bountiful recreational opportunities and unique shopping and dining venues.

Lot Size: 1.13 acres


Documents

Lot 601B N Plaza Dr

Map of Lot 601-B N Plaza Drive, Nicholasville, KY, 40356

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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.