Development Land on Liberty Rd.
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: |
30719819 |
| Property Subtypes: |
Multi-Family, Office, Self Storage, Other
|
| Status: |
Pending |
| Gross Land Area: |
8.19 Acres
|
| Sale Price: |
$1,650,000 |
| Unit Price: |
$201,465 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/14/2023 |
Overview / Comments
|
This rare 8 acres for sale is well located on the busy intersection of Liberty Rd and Fortune Dr. The property consists of 3 tracts zoned R-1B & R-3. There is approximately 770 feet of Liberty Road frontage and the property is surrounded by households, the Fayette County Board of Education, and across the street from Fortune Drive which is home to appx 1,000,000 Sf of industrial flex property. Tracts this size just outside of New Circle Rd. are limited, especially in a developed and dense area of town such as Fortune Dr. and Liberty Road. There is appx 760 ft of frontage on Liberty Rd. with a signalized entrance at the intersection. The property will need substantial site work to bring to grade but the size of these contiguous parcels will be ideal for a number of developments.
|
Additional Details
| Nearest MSA: |
Lexington-Fayette |
| County: |
Fayette |
| Tax ID/APN: |
23092700 |
| Zoning: |
R-1B & R-3 |
| Area Description: |
2156, 2176, & 2184 Liberty Rd. is located at the South side intersection of Liberty Rd. and Fortune Dr. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,745 |
107,205 |
221,398 |
| Median Age: |
32.6 |
35.1 |
34.31 |
| Households: |
5,150 |
46,214 |
95,523 |
|
The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
|
