Hamburg Development Land

2424 Sanford Way Lexington, KY 40509

2424 Sanford Way, Lexington, KY, 40509
2424 Sanford Way, Lexington, KY, 40509
FOR SALE
Property Type:
Commercial Land Development
Amount:
$499,000
Last Verified:
Jan 15, 2020

Highlights

  • Back on the market!
  • +/-0.9 acre for sale on 2424 Sanford Way
  • +/-97 feet of frontage on Sanford Way
  • Prime location in the heart of Hamburg Place Community surrounded by Walmart, Lowe’s, restaurants, retail services and amenities with visibility from Sir Barton Way and I-75
  • Easy access from I-75 at Exits 108 & 110
  • Multiple access points to the site
  • Zoned P-1, Professional Office
  • Sale Price: $499,000

Description

NAI Isaac is pleased to present +/-0.9 acre for sale on 2424 Sanford Way in Hamburg. The property benefits from a prime location in the heart of Hamburg Place surrounded by Walmart, Lowe's, restaurants, retail services and amenities with visibility from Sir Barton Way and I-75. The property has easy access from I-75 at Exits 108 & 110 with multiple access points to the site.

This is a unique opportunity to purchase and develop a smaller parcel for your P-1 office park use. The office park overlay allows cross parking and access to the adjacent properties. The conceptual site plan shown on this page has a 8,580 SF two-story building with 27 parking spaces.

Baptist Health Lexington plans to open a new outpatient surgery and medical campus in Hamburg by 2023 with 600+ jobs. The campus will be located off Polo Club Boulevard near the Man O' War exit of I-75. The development plan shows a multi-story hospital, a surgery center and 12 other buildings that would contain a combination of retail and medical office space. Also included are two, seven-story parking garages.

Hamburg Place is a regional shopping center and office development located along I-75 and Man O' War Boulevard in Lexington, Kentucky. The development contains a total retail square footage of +2,500,000, 160 acres of professional offices and 1,000 acres of residential development. Total trade area (30-minute drive time) population of more than 443,000 features 60,000 households in the $75K+ segments. Of the 75 largest cities in the US, Lexington ranks 8th in the percentage (35.6%) of population with bachelor's degrees or higher.

The site is located in the vibrant and bustling Hamburg development, less than 1 mile from I-75/64. Convenient access to shopping, restaurants, banks and medical offices. The Sir Barton Way office park area is home to Commonwealth Credit Union, Credit Bureau Systems, HDR, Inc., University of Kentucky Credit Union, Forcht Bank, Indiana Wesleyan University and more.

Lot Size: 0.9 acres

Additional URLs

Map of 2424 Sanford Way, Lexington, KY, 40509

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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.