$600,000
Lexington, KY 40511
MLS# 1820880
Status: Closed
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Property Description
Large 5.26 acre commercial parcel located near Fayette County's border with Scott County. Part of the only commercial tract off of I-75 exit 120, this land is zoned B-3 and is ready for development. Adjacent parcel has been sold and the planned construction of a Shell gas station will begin shortly. Most business uses are possible including a restaurant, bank or retail space. Very rare find in rapidly growing KY Horse Park area, this parcel will also be serviced by the major Georgetown Rd expansion project which is currently underway.
Details
Status Change Information
Price Change Timestamp: 2019-08-14T14:59:43Z
Status Change Timestamp: 2019-08-14
Purchase Contract Date: 2019-06-17
Close Date: 2019-08-13
Close Price: 600000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Address
County: Fayette
Street Number: 4578
Street Name: Georgetown
Street Suffix: Road
State: KY
Zip Code: 40511
Directions: Georgetown Rd North from Lexington or I-75 North Exit 120, left onto Iron Works Pike (Kentucky 1973), right onto Georgetown Rd. Property is on the right near the intersection.
Parcel Number: 24555550
Contract
Current Price: $600,000
Original List Price: 1100000
Status: Closed
Start Showing Date: 2018-09-07
Listing Contract Date: 2018-09-07
Sold Price: $600,000
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/Acre: 171102.66
List Price/SqFt: 3.93
Sold Price/Acre: 114068.44
Sold Price/SqFt: 2.62
SP/LP: 0.67
Lot
Lot Size Acres: 5.26
Lot Size Square Feet: 229125.81
Remarks
Public Remarks: Large 5.26 acre commercial parcel located near Fayette County's border with Scott County. Part of the only commercial tract off of I-75 exit 120, this land is zoned B-3 and is ready for development. Adjacent parcel has been sold and the planned construction of a Shell gas station will begin shortly. Most business uses are possible including a restaurant, bank or retail space. Very rare find in rapidly growing KY Horse Park area, this parcel will also be serviced by the major Georgetown Rd expansion project which is currently underway.
Property Details
Floodplain YN: No
Listing Information
Property Sub Type: Unimproved Land
Tax Legal
MLS Area Major: 001 - Fayette County NW
Subdivision Name: Rural
Property Features
Utilities: Electricity Available; Natural Gas Available; Water Available; Electricity Available; Natural Gas Available; Water Available
Listing Terms: Cash; Conventional; Lease Option
Special Listing Conditions: Standard
Listing Office: Keller Williams Bluegrass Realty
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.