+/-52.25 AC Development Land

2310 Lexington Road Nicholasville, KY 40356

2310 Lexington Road, Nicholasville, KY, 40356
2310 Lexington Road, Nicholasville, KY, 40356 2310 Lexington Road, Nicholasville, KY, 40356 2310 Lexington Road, Nicholasville, KY, 40356
FOR SALE
Property Type:
Other Land
Amount:
$3,249,000
Last Verified:
Sep 03, 2024

Daily Email Blast
0 times


Highlights

  • +/-52.25 AC development land
  • Directly across from Connemara Golf Course near Toyota on Nicholasville and Montgomery Auto Dealership
  • Strategically located on the primary thoroughfare between Lexington and Nicholasville
  • The US 27 corridor is experiencing a tremendous amount of recent and proposed new commercial and residential developments
  • Close proximity to major retailers and commercial centers including Walmart and Brannon Crossing
  • High average daily traffic count of +/-35,153 VPD
  • Positioned in an area of significant commercial and residential development
  • Ideal for retail, residential (single family and multifamily) and office development
  • Versatile land suitable for various commercial and residential uses
  • Zoned B-2, Highway Commercial: +/-49.4 AC
  • Zoned P-1, Professional Office: +/-2.85 AC
  • Sale Price: $3,500,000 REDUCED TO $3,249,000

Description

NAI Isaac is pleased to present commercial development land for sale. Strategically located on the primary thoroughfare between Lexington and Nicholasville. Boasting a high average daily traffic count of +/-35,153 VPD, this property is ideally situated for maximum exposure and accessibility.

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. Nicholasville has affordable housing, excellent schools, bountiful recreational opportunities and unique shopping and dining venues.

Lot Size: 52.25 acres


Documents

Nicholasville, 2310 Lexington Rd

Map of 2310 Lexington Road, Nicholasville, KY, 40356

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.