155 April Way Winchester, KY 40391
- Commercial real estate
- 3.02 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 155 April Way
- Lot size
- 3.02 lot acres
- Property type
- Commercial real estate
Description
This exceptional 3.02-acre commercial property presents a unique investment opportunity in Winchester, Kentucky. Ideally situated along April Way and Colby Road, two major connector roads, it benefits from high visibility and accessibility. The land is strategically positioned between the bustling commercial activity of Bypass Road (with an average daily traffic count of 24,801) and a substantial residential population. The property's location between Kroger and Walmart shopping centers ensures high foot traffic and consumer visibility. The site is currently offered as a single 3-acre parcel but has the potential for subdivision into smaller lots, offering flexibility for various development scenarios. Winchester, KY, the county seat of Clark County, is part of the Lexington-Fayette KY Metropolitan Statistical Area, a region supported by significant industries including Amazon, Ale-8-One, and Catalent Pharmaceuticals, providing a strong economic foundation for the area. This prime location offers excellent potential for a variety of commercial uses, capitalizing on the high traffic counts and proximity to established retail giants. The property's size and location make it an attractive prospect for developers seeking to establish a new commercial venture or expand existing operations within a thriving community. The potential for subdivision allows for tailored development plans to meet specific needs and maximize return on investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winchester
- County
- Clark
- State
- Kentucky
- Longitude
- -84.2095
- Latitude
- 37.986