Land•Retail•For Sale

Georgetown Multi-Family Residential Zoned Development Land

1140 E Main St Ext, Georgetown, Kentucky 40324

Sale Price $980,595
Zoning R-2
Land Area 17.83 Acres
SVN Stone Commercial Real Estate is pleased to present this development opportunity conveniently located close to I-75 exit 125. This 17.83 acre lot is currently zoned R-2 and is ready for development. R-2 zoning allows for 213 potential multi-family units as pictured on accompanying site plan (see photos). (Note: Current site plan has not yet been submitted for approval to Scott County, Ky Planning and Zoning.) This property is close to the Toyota Motor Manufacturing Plant, Georgetown college, Interstate I-75, and only 0.2 miles from new Creekside Elementary School. Please contact Matt Stone, Nathan Dilly or Justin Ryder at 859-264-0888 or by email at matt.stone@svn.com / nathan.dilly@svn.com / justin.ryder@svn.com for additional information. Georgetown, Kentucky, located 10 miles north of Lexington off I-75, is the county seat of Scott County as well as the home of Georgetown College, a private liberal arts college. Georgetown is very proud of its heritage and excited about the tremendous growth the city has experienced in the last few years. Scott County is the fastest growing county in Kentucky with population now exceeding 50,000 per the US Census Bureau estimate. Since the opening of Toyota Motor Manufacturing, employment has risen; the City, County, and School System have prospered; Toyota is a wonderful asset to the community and a huge reason for the growth of the town. Georgetown is fortunate to have the finest of Fire, Police and Public Works Departments. The employees are highly trained with benefit of the latest in technology and equipment. Georgetown offers downtown shopping and shopping malls, restaurants, recreation, sports, beautiful surroundings, and Georgetown College.
  • 17.83 Acres of Development Land
  • Recently Re-zoned R-2: First time on the market
  • Close proximity to Toyota Manufacturing and Georgetown College
  • Only 0.2 miles from the new Creekside Elementary School
  • Situated near I-75 Exit 125
  • $55,000/Acre
2/18/2020 3:02:10 PM 3/23/2020 3:11:10 PM
Matt Stone, CCIM, MBA
Managing Director
SVN | Stone Commercial Real Estate
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