Silver Creek Development Lots

121-146 Stone Trace Drive Mount Sterling, KY 40353

121-146 Stone Trace Drive, Mount Sterling, KY, 40353
121-146 Stone Trace Drive, Mount Sterling, KY, 40353 121-146 Stone Trace Drive, Mount Sterling, KY, 40353 121-146 Stone Trace Drive, Mount Sterling, KY, 40353 121-146 Stone Trace Drive, Mount Sterling, KY, 40353 121-146 Stone Trace Drive, Mount Sterling, KY, 40353 121-146 Stone Trace Drive, Mount Sterling, KY, 40353 121-146 Stone Trace Drive, Mount Sterling, KY, 40353 121-146 Stone Trace Drive, Mount Sterling, KY, 40353 121-146 Stone Trace Drive, Mount Sterling, KY, 40353 121-146 Stone Trace Drive, Mount Sterling, KY, 40353 121-146 Stone Trace Drive, Mount Sterling, KY, 40353
FOR SALE
Property Type:
Other Land
Amount:
$4,560,000
Last Verified:
Jul 22, 2024

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Highlights

  • +/-0.9- 11.96 AC for sale
  • Seven commercial development lots
  • Excellent location just off Maysville Road and I-64 at Exit 110
  • Area retailers, restaurants and hotels include Cattleman's Roadhouse, Ramada, Comfort Inn & Suites, Holiday Inn Express, Lee's Famous Recipe, McDonald's, Long John Silvers, KFC, Wendy's and more
  • Close proximity to CHI Saint Joseph Hospital Mount Sterling, a 42-bed community hospital
  • Zoned B-2 (https://bit.ly/B-2ZoningRegs)
  • Sale Price: $315,000 - $410,000 per acre
  • Lots also available for ground lease

Description

NAI Isaac is pleased to present several commercial development lots for sale in Mount Sterling. Excellent location just off Maysville Road and I-64 at Exit 110. Area retailers, restaurants and hotels include Cattleman's Roadhouse, Ramada, Comfort Inn & Suites, Holiday Inn Express, Lee's Famous Recipe, McDonald's, Long John Silvers, KFC, Wendy's and more.

Mount Sterling is located 28 miles east of Lexington, off Exit 110 on I-64. Its proximity to Lexington, Kentucky's second largest city assists with services not available in the average rural community. Mount Sterling is home to manufacturing facilities totaling over 3,500 jobs. This location offers a combination of big city and rural community advantages. Mount Sterling offers a strong work force, moderate land and building prices, labor availability and low turnover rates making it ideal for your business.

Lot Size: 11.96 acres


Documents

Silver Creek Development Lots Flyer
Silver Creek Development Lots

Map of 121-146 Stone Trace Drive, Mount Sterling, KY, 40353

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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.