7850 Veterans Memorial Pkwy Winchester, KY 40391
- Commercial real estate
- 94.41 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 7850 Veterans Memorial Pkwy
- Lot size
- 94.41 lot acres
- Property type
- Commercial real estate
Description
This exceptional 94.41-acre tract presents a remarkable opportunity for mixed-use development in Winchester, Kentucky. Strategically located approximately half a mile from the I-64 interchange, this property boasts unparalleled visibility and accessibility. The site sits at the signalized intersection of Mt. Sterling Road (US Highway 60) and Veterans Memorial Parkway (KY Highway 1958), offering extensive road frontage exceeding 3,500 feet on Veterans Memorial Parkway and 1,600 feet on Mt. Sterling Road. A preliminary conceptual development plan outlines a versatile zoning scheme, encompassing 54.8 acres designated for Light Industrial (I-1), 13.7 acres for General Business (B-4), and 18.6 acres allocated for Multi-Family residential development. An additional 7.3 acres are reserved for green space, enhancing the overall aesthetic appeal and functionality of the development. All utilities are readily available at or near the site, simplifying infrastructure integration and expediting the development process. This prime location, combined with its substantial size and flexible zoning, makes this property an exceptional investment opportunity for developers seeking a high-impact project with significant long-term potential. The asking price is $2,800,000.
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
- Winchester
- County
- Clark
- State
- Kentucky
- Longitude
- -84.1568
- Latitude
- 38.0042
