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Property profile & analytics
OFF-MARKET
Land

US-27 Intersection Nicholasville, KY 40356

36 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 36-acre commercial land parcel presents a significant development opportunity in Nicholasville, Kentucky. Strategically located at the intersection of the Nicholasville Bypass and US-27, this B-2 zoned property boasts high visibility and accessibility. The site offers 23 acres on one side of the bypass and 13 acres directly across, providing flexibility for various development plans. With a daily traffic count of 19,537 vehicles on US-27, this location ensures significant exposure for any commercial venture. The property's unique position allows for substantial frontage along US-27, ample space for development beyond required setbacks, and the potential to control two corners of this high-traffic intersection. Its proximity to downtown Nicholasville (6 minutes), Brannon Crossing (11 miles), and the rapidly growing city of Wilmore (6.2 miles) further enhances its appeal. A previously approved development plan included two entrances, offering a potential starting point for future projects. The nearby ballpark attracts approximately 2,000 visitors each weekend, adding to the area's vibrant atmosphere. This property is situated in Jessamine County, which experienced significant growth, ranking as the 12th fastest-growing county in Kentucky since 2010. This prime location, combined with its size and zoning, makes it an ideal investment for developers seeking a high-impact commercial project in a thriving Kentucky community. The property's address is Nicholasville Bypass/US-27 Intersection, 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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