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Property profile & analytics
OFF-MARKET
Land

0 Nicholasville Byp Nicholasville, KY 40356

36 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 36-acre commercial development opportunity is situated in Nicholasville, Kentucky, within Jessamine County – the 12th fastest-growing county in the state since 2010 (12.7% growth). Strategically located at the intersection of US-27 and the Nicholasville Bypass, this B-2 zoned property offers unparalleled visibility and accessibility. The land is uniquely divided, with 23 acres on one side of the bypass and 13 acres directly across, providing potential for significant development. The property boasts substantial frontage along US-27, allowing for ample space for construction after meeting setback requirements. This prime location presents the unique opportunity to control two corners of the US-27 and Nicholasville Bypass intersection. With a high daily traffic count of 19,537 vehicles on US-27, this site offers exceptional exposure to potential customers. The property's proximity to Wilmore, Kentucky's fastest-growing city in 2021 (6.2 miles away), and to Brannon Crossing, a premier Nicholasville development (11 miles away), further enhances its desirability. A previously approved development plan included two entrances, simplifying the development process. The nearby ballpark attracts approximately 2,000 visitors each weekend, adding to the area's vibrancy. This property presents a rare chance to capitalize on the growth trajectory of Jessamine County and its strategic location within easy reach of a significant portion of the US population. The property's address is Nicholasville Byp, Nicholasville, KY 40356.

Property profile
Verified
Property type Land
Lot 36 ac (1,568,160 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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