1740 Troy Pike Versailles, KY 40383
- Commercial real estate
- 75.98 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1740 Troy Pike
- Lot size
- 75.98 lot acres
- Property type
- Commercial real estate
Description
This exceptional 75.98-acre property presents a rare development opportunity in Versailles, Kentucky. Situated within city limits and the urban services boundary, this A-1 zoned land boasts a strategic location at the gateway to Versailles, bordered by three roads including the Bluegrass Parkway. Its prime position is further enhanced by its designated future land use districts: "Interchange Commerce District" and "Workplace/Employment District." The Interchange Commerce District encourages large-scale retail, corporate offices, and entertainment venues, capitalizing on its high-traffic location. The Workplace District accommodates both large-scale manufacturing/distribution centers and smaller, campus-style office parks, potentially including supporting retail and restaurants. Residential uses are permissible, provided they constitute less than 10% of the district's area. This Woodford County property offers developers significant potential within a thriving, affluent community in the heart of Central Kentucky. The property's size and zoning provide flexibility for a variety of development projects, catering to the needs of a growing population and robust economy. This is a unique opportunity to capitalize on the area's strong growth trajectory and create a landmark development. The address is 1740 Troy Pike, Versailles, KY 40383.
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
- Versailles
- County
- Woodford
- State
- Kentucky
- Longitude
- -84.7205692
- Latitude
- 38.0286698