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1.052 +/- acres of ideal level commercial land with 153.21 feet of road frontage. This property is located in Fayette County (Lexington), Kentucky

1.052 ac Commercial Land, Hamburg Area

Fayette County, KY · 1.052 +/- AC · $398,900

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DISCLOSURE

All boundary lines noted in pictures, aerials or maps should be considered estimates and not relied on as legal documents or descriptions.

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1.052 ac Commercial Land, Hamburg Area in Fayette County, KY

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1.052 ac Commercial Land, Hamburg Area

    

Fayette County, Kentucky
1.052 +/- Acres
$398,900

Parcel #/ID:  22978425

1.052 +/- acres of ideal level commercial land with 153.21 feet of road frontage. More frontage can possibly be purchased. The parcel is 2 miles east of the I-75 Man-O-War interchange

2016 YR - traffic count is 18,570 on Liberty Road.

This tract is at the west side of the former Madden Farm known as Hamburg Place, a 2,000 acre farm, being developed into residential, shopping areas with many services known as Hamburg Pavilion and several other named development centers, greenspace and walking trail to immediate north, and a modern elementary school to the north, residences to the west and south, with one being a very large apartment complex, “Brighton 3050”.

Estimated Acres:

1.052 +/- acres

Legal Description: Download Legal Description

Property Highlights:

  • Possibilities are pet supply store, fast food with drive through, storage units, duplexes and many more.

    The soils are favorable to easy excavation.

  • The parcel is zoned R-1D %u2013 Single Family Residential, 6000 SF lot per SFD. The neighboring property to the south has recently been changed to B-4 zoning for the purposes of a veterinary and kennel facility. Zone changes to B-4 are worth discussing with the LFUCG planning office. (Zone map amendment procedures on file).

  • Utilities:

    Kentucky American Water, 12 inch main across Liberty Rd. Easily extended per KY American Water with tap -on possibly re-embursed. Ky AM Water will pay for extension.

    Columbia Gas across street and along Campbell Lane

    LFUCG sanitary sewer across Liberty Rd. and at Campbell Lane. Map in listing documents. Working with adjoining owners will be cheapest way to get sanitary sewer.

    Kentucky Utilities Electric-underground marked as of May 2, 2018

  • Acreage on PVA's (Property Valuation Administrator) tax office is incorrect.

Estimated Income: (Call Agent for Details)

Taxes:  $1,114/year (2017)

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