Alexandria Business Park Lot #4

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30345603
Property Subtypes: Industrial
Status: Pending/Contingent
Gross Land Area: 2 Acres
Sale Price: $498,480
Unit Price: $249,240 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/12/2019

Overview / Comments

This is the newest industrial development in Fayette County. Ideally located just off New Circle Road and Old Frankfort Pike with easy access to the Interstates and Central Kentucky. This 40 acre development is divided into 14 lots that range in size from 1.86 +/- acres to 4.91 +/-acres. This lot can be combined with other lots for additional acreage. The construction is under way with an anticipated delivery date of October of 2019. Contracts for the lots are being taken now. Contact the Listing Agent to get a copy of the Developer's contract form.

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 23077275
Property Located Between: Enterprise Court and Alexandria Drive
Property Visibility: Good
Largest Nearby Street: New Circle Road
Highway Access: From Old Frankfort Pike take Enterprise Drive to Enterprise Court. Excellent access to New Circle Road and the Interstates.
Rail Access: Yes
Site Description: 40 Acres Industrial development divided into 14 lots of various sizes. Expect the site work which has begun to be completed by October of 2019.
Area Description: This Industrial development is contiguous the Enterprise Park and is an excellent location for light industrial users.
Zoning Description: The property is zoned I-1 which is for light industrial users.
Topography: Rolling
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,693 68,240 166,431
Median Age: 32.5 32.75 36.07
Households: 2,685 26,863 68,105
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.