US 27 Bypass Lots

North Plaza Drive Nicholasville, KY 40356

North Plaza Drive, Nicholasville, KY, 40356
North Plaza Drive, Nicholasville, KY, 40356
FOR SALE
Property Type:
Commercial Land Development
Amount:
$500,000
Last Verified:
Feb 07, 2019

Highlights

  • +/-2.68 acres for sale
  • Lot 603-A: 1.33 acres
  • Lot 603-B: 1.35 acres
  • Visibility from US 27 Bypass
  • Well-located off US 27 Bypass adjacent to Applebee's, Sonny's BBQ, Zaxby's and El Dorado Mexican Restaurant
  • Zoned B-1, Central Business District
  • Off site detention which maximizes buildable area
  • Ideal location for office, medical or service users
  • Sale Price: $250,000 per lot

Description

NAI Isaac is pleased to present a total of +/-2.68 acres for sale in Nicholasville, Kentucky. Well-located off US 27 Bypass adjacent to Applebee's, Sonny's BBQ, Bruster's Ice Cream, Zaxby's and El Rio Grande Mexican Restaurant. Lot 603-A is 1.33 acres and Lot 603-B is 1.35 acres, zoned B-1 (Central Business District) with off site detention. Ideal location for office or medical users. Lots can be purchased separately or together.

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 +/-47,477 ('16). 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: 2.68 acres

Map of North 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.