6 Acres Commercial Land | Georgetown, KY

1878 Frankfort Road Georgetown, KY 40324

1878 Frankfort Road, Georgetown, KY, 40324
1878 Frankfort Road, Georgetown, KY, 40324 1878 Frankfort Road, Georgetown, KY, 40324 1878 Frankfort Road, Georgetown, KY, 40324 1878 Frankfort Road, Georgetown, KY, 40324 1878 Frankfort Road, Georgetown, KY, 40324 1878 Frankfort Road, Georgetown, KY, 40324 1878 Frankfort Road, Georgetown, KY, 40324 1878 Frankfort Road, Georgetown, KY, 40324 1878 Frankfort Road, Georgetown, KY, 40324
FOR SALE
Property Type:
Other Land
Amount:
$1,966,250
Last Verified:
Jul 18, 2024

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Highlights

  • 6.05 Acres For Sale
  • B-2 Zoning (Highway Commercial)
  • Over 16,000 VPD
  • Frankfort Pike (US 460)/McClelland Circle (U.S. 460 Bypass) Intersection
  • Only 2.4 miles from the Kroger Marketplace center, and only 1.9 miles from Downtown Georgetown/Georgetown College

Description

SVN Stone Commercial Real Estate is pleased to present this 6.05-acre tract of commercial land available FOR SALE in Georgetown, KY. This property is zoned B-2 (Highway Commercial) and allows for various retail, restaurant, and other commercial uses. The property is located at the McClelland Circle (U.S. 460 Bypass)/Frankfort Pike (US 460) intersections and has daily combined traffic counts of over 16,000 VPD. Great Crossing High School, Elkhorn Middle School, and Western Elementary School are all located across McClelland Circle (U.S. 460 Bypass) and create an excellent opportunity for any business wanting to serve that community and the abundant housing in the surrounding area. Nearby businesses include Peoples Bank, Giovanni's Pizza, and Clark's Pump-N-Shop.

For additional information, please contact Nathan Dilly at nathan.dilly@svn.com or 859.420.5492 or Matt Stone at matt.stone@svn.com or 859.351.5444.

1878 Frankfort Road is a 6.05-acre tract located at the intersection of McClelland Circle and Frankfort Road in Georgetown (Scott County), Kentucky. This location offers convenient access to Frankfort, KY via Frankfort Pike and is within a 5-minute drive to most of Georgetown. Scott County (Georgetown) has a population of around 57,000 per the 2020 census, and has remained Kentucky's fastest growing county for years. The county population has increased by 21% since 2010, and Georgetown's population has increased 20.1% since that time. There have been several factors contributing to Scott County's growth, one of which is the Toyota Manufacturing Plant which is the largest in the world. The Toyota plant includes 9 million sq. ft. situated on 1,300+ acres, and employees over 9,300 people. As a whole, Georgetown's average house hold income is approximately $77,822 with cost of living ranking above the state average.

Building Size: 0sq ft
Lot Size: 6.05 acres


Documents

Brochure - 1878 Frankfort Road, Georgetown
Aerial - 1878 Frankfort Road, Georgetown

Map of 1878 Frankfort Road, Georgetown, KY, 40324

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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.