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    Mcclelland Cir Georgetown, KY 40324

    For Lease
    Contact for pricing

    14-acre prime commercial land, high traffic.

    Lot size:
    618,552 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 14-acre commercial land parcel presents a unique investment opportunity in Georgetown, KY's thriving market. Situated within a future 100+ acre mixed-use development, this single-tenant property boasts excellent visibility and accessibility. Over 21,000 vehicles pass daily on McClelland Circle, enhanced by a signalized entrance and multiple access points, including convenient connections to Highway 25 via Southgate Drive. The location benefits from its proximity to the world's largest Toyota manufacturing facility, a significant employer with a recent $1.3 billion investment in electrification, further bolstering the area's economic strength. This site is also strategically located near the Kentucky Horse Park, a major tourist attraction drawing over 1 million visitors annually, and is supported by ongoing infrastructure improvements, including new sewer and treatment plant facilities. Georgetown and Scott County have experienced consistent double-digit population growth since 2010, making this a prime location for commercial development. The property's convenient access to I-75 and I-64, along with the Bluegrass and Mountain Parkways, ensures regional connectivity. This is an unparalleled opportunity to capitalize on the explosive growth and economic vitality of this dynamic Kentucky community. The property is located at McClelland Cir, Georgetown, KY 40324, within the Lexington–Fayette Metropolitan Area.

    Property Features for 0 Mcclelland Cir

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    618,552 SF

    Unit(s) available at that property

    Space
    Size
    618,552 SF

    HighLights

    • 14‑acre commercial land parcel with over 21,000 vehicles per day (VPD) on McClelland Circle.
    • Signalized entrance on McClelland Circle, plus multiple access points including Hwy 25 via Southgate Drive.
    • Proximity to Toyota's 7.5 million square foot facility employing over 10,000.
    • Located in a bedroom community to Lexington, KY.
    • Five miles from the Kentucky Horse Park, attracting over 1 million visitors annually.
    • Georgetown/Scott County boasts double‑digit population growth since 2010.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Georgetown
    County
    Scott
    State
    Kentucky
    Longitude
    -84.548442741735
    Latitude
    38.186571759407

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    FAQs

    What type of property is this?
    Land - 14-acre prime commercial land, high traffic.
    Where is this land located?
    The property is located at Mcclelland Cir Georgetown, KY.
    What are key features of this property?
    This property features: 14-acre commercial land parcel with over 21,000 vehicles per day (VPD) on McClelland Circle.; Signalized entrance on McClelland Circle, plus multiple access points including Hwy 25 via Southgate Drive.; Proximity to Toyota's 7.5 million square foot facility employing over 10,000.
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    Mcclelland Cir Georgetown, KY 40324
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    Georgetown, KY 40324
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Mcclelland Cir Georgetown, KY 40324
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