US-27 Intersection Nicholasville, KY 40356
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.