000 Foster Ln Stanford, KY 40484
- Commercial real estate
- 48.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 000 Foster Ln
- Lot size
- 48.20 lot acres
- Property type
- Commercial real estate
Description
This exceptional 48.2-acre property in Stanford, Kentucky presents a unique opportunity for a developer. The land is envisioned as a gated 55+ community, with detailed plans available for review. The property includes designated commercial lots (Lots 1, 75, 77, and 78), multifamily and duplex lots (Lots 2-16 and 58-74), and numerous residential lots. Two key parcels are particularly noteworthy: Parcel A encompasses 5.453 acres suitable for commercial storage or multifamily housing, while Parcel B offers 1.943 acres for similar development. Significant infrastructure is already in place, including gas, electric, and sewer lines, as detailed in the provided plat. This comprehensive plan streamlines the development process, minimizing upfront costs and accelerating project timelines. The property's strategic location in Stanford, KY, offers access to key amenities and transportation routes. Note that Lot 79 is excluded from this sale. This is a turnkey opportunity to realize the vision of a thriving, gated 55+ community. The asking price is $839,000. Detailed plat maps are available upon request, providing comprehensive information on lot sizes, zoning, and utility access. This is an exceptional investment opportunity for developers seeking a high-potential project with significant infrastructure already in place.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stanford
- County
- Lincoln
- State
- Kentucky
- Longitude
- -84.672
- Latitude
- 37.5435
