1740 Troy Pike, Versailles, KY 40383

This property offers a rare opportunity to purchase 75.98 acres of agricultural land located within the Versailles city limits and the Urban Services Boundary. Situated at the gateway to Versailles and bordered by three roads, including the Bluegrass Parkway, this parcel is suitable for development. It aligns with its designated future land use districts of Interchange Commerce District and Workplace/Employment District. The Interchange Commerce District is designated and recommended for areas located at interchanges of high-traffic local roads and interstate-class highways. Encouraged uses include large regional retailers, corporate office headquarters, high-quality entertainment venues, and other uses that need a strategic location and enhance the community’s overall appearance and character. The Workplace/Employment District is intended to group all workplace types into two groups. The first group includes places of employment dominated by the very large floor-plate user—the distribution/manufacturing workplace center. This group may include large manufacturers or distributors that tend to locate in areas with good access to transportation. The other type of workplace is less dependent on the type of access that is available but more dependent on site amenities, proximity to neighborhoods and services, and proximity to other enterprises of a similar nature. These are the campus-style or gateway workplaces dominated by free-standing office structures, i.e., the office park, or a workplace with a single-purpose group of users, i.e., a medical center. These workplaces present a need for accessory uses such as restaurants and retail shops to service both employees and visitors. Residential uses can be incorporated in workplace centers provided they are well buffered and occupy less than ten (10) percent of the area of the district. This Woodford County property presents the developer with many opportunities in a growing, affluent community in the heart of Central Kentucky.