3218 Lexington Rd

3218 Lexington Road Nicholasville, KY 40356

Nicholasville
FOR SALE
Property Type:
Other Land
Amount:
$6,080,000
Last Verified:
Aug 27, 2024

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Highlights

  • -76 Acres
  • -Directly on Lexington Road
  • -Over 35,000 PVD
  • -Abundance of possible uses
  • -Prime land for rezoning and development

Description

SVN Stone Commercial Real Estate is pleased to present 3218 Lexington Road in Nicholasville, Kentucky. This 76 acre property zoned A-1 is a prime location for future development. The property has 175 feet of road frontage on Lexington Road and averages 35,100 VPD. The land is 7 miles from downtown Lexington and 5 miles from downtown Nicholasville.

For more information please contact Travis Rose at travis.rose@svn.com // 859.806.1591 or Matt Stone CCIM, SIOR, MBA at matt.stone@svn.com // 859.351.5444

Nicholasville, Kentucky is a vibrant city located in Jessamine County, just south of Lexington. With a population of approximately 30,000 residents, Nicholasville offers a delightful blend of small-town charm and urban amenities. Demographically, Nicholasville reflects a diverse community. The city boasts a median age of 35 years, indicating a balanced mix of young professionals, families, and retirees. Nicholasville's strategic location in the heart of the Bluegrass region allows for easy access to the natural beauty and recreational opportunities offered by the surrounding countryside. From hiking and fishing to horseback riding and golfing, outdoor enthusiasts will find an abundance of options to explore. Overall, Nicholasville, KY is a welcoming and dynamic city, attracting individuals and families seeking a high quality of life, a strong sense of community, and a thriving economy. With its diverse demographics, excellent education system, and ample recreational amenities, Nicholasville presents an ideal blend of small-town charm and urban convenience.

Lot Size: 76.0 acres


Documents

Site Plan
Brochure - 3218 Lexington Rd.pdf

Map of 3218 Lexington Road, 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.