4010 Lexington Rd Nicholasville, KY 40356
- Retail properties
- 5.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 4010 Lexington Rd
- Lot size
- 5.00 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 5-acre commercial land parcel presents a remarkable investment opportunity in Nicholasville, Kentucky. Located at the signalized intersection of Lexington Road and Nicholasville Road, this B-1 zoned property boasts a highly visible location within a rapidly expanding commercial corridor straddling Jessamine and Fayette Counties. The site benefits from over 45,000 vehicles per day passing by, ensuring significant exposure for any development. The asking price is $3,250,000, translating to $650,000 per acre. This represents a compelling value proposition considering the property's strategic location and the significant growth potential in the area. With new retail developments and residential construction planned or proposed directly across the street, this property is poised to benefit from increased traffic and demand. The permitted B-1 zoning allows for a variety of commercial uses, including multi-family, retail, and retail-pad developments, providing flexibility for a wide range of investment strategies. This is an unparalleled chance to acquire a substantial land holding in a thriving Kentucky market, ideally suited for investors seeking significant long-term returns. The property's address is 4010 Lexington Rd, Nicholasville, KY 40356. Don't miss this opportunity to capitalize on the explosive growth in Northern Jessamine County.
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
- Nicholasville
- County
- Jessamine
- State
- Kentucky
- Longitude
- -84.5393
- Latitude
- 37.9559
