for sale - loopnet...for sale 2559 kearney ridge blvd, lexington, ky 40511 prime development parcels...

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859-288-5008 / schradercommercial.com The information contained herein is from sources believed, but not guaranteed to be reliable. Schrader Commercial Properties, LLC makes no representations or warranties regarding the property and you should conduct a careful independent investigation of the property to determine its suitability for your use and investment. FOR SALE 2559 Kearney Ridge Blvd, Lexington, KY 40511 Prime development parcels zoned R-4 (Multifamily Site / High Density Apartment). Total acreage includes properties at 2559 Kearney Ridge Boulevard and 2750 Meadowsweet Lane. Property was previously approved for construction of 240 multi-family units. Near Citation Blvd. in Lexington which provides excellent access to Interstate 75/64. Adjacent to areas of high residential growth, new industrial development, and large employers. 12-minute drive from Georgetown, KY. Georgetown continues to be one of the fastest growing regions in Kentucky and the employment rates are excellent with Toyota and related companies. U.S. 25 (Georgetown Road) has been vastly improved and four-laned which improves travel times to Georgetown and the Interstate. Access to Frankfort from this location is excellent. Lexington has grown significantly in this corridor as evidenced by the new elementary school, a number of new industrial buildings in close proximity to the site and the continued development of Coldstream Research Park. Utilities Electricity/Power, Water, Telephone, Cable, & Gas/Propane $1,975,000 Property Details Price: $1,975,000 Total Lot Size: 14.71 AC Property Type: Land Property Sub-Type: Multifamily (land) Retail (land) Commercial/Other (land) Zoning: R-4 (Multifamily / High Density Apt) Gently rolling with relief of 17’ across the northern parcel corresponding to elevations of 930’ to 947’. Southern parcel is gently rolling with relief of 15’ with elevations of 925’ to 940’. There are no known floodplains or floodways on the site. JAMES M. SCHRADER 859-288-5008 [email protected] 444 E Main Street, Suite 110 PO Box 21793 Lexington, KY 40522 Disclaimer: Property boundaries are only approximation and do not represent actual property lines. This is for illustration purposes only. PRICE REDUCED

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Page 1: FOR SALE - LoopNet...FOR SALE 2559 Kearney Ridge Blvd, Lexington, KY 40511 Prime development parcels zoned R-4 (Multifamily Site / High Density Apartment). Total acreage includes properties

859-288-5008 / schradercommercial.comThe information contained herein is from sources believed, but not guaranteed to be reliable. Schrader Commercial Properties, LLC makes no representations or warranties regarding the property and you should conduct a careful independent investigation of the property to determine its suitability for your use and investment.

FOR SALE2559 Kearney Ridge Blvd, Lexington, KY 40511

Prime development parcels zoned R-4 (Multifamily Site / High Density Apartment). Total acreage includes properties at 2559 Kearney Ridge Boulevard and 2750 Meadowsweet Lane. Property was previously approved for construction of 240 multi-family units.

Near Citation Blvd. in Lexington which provides excellent access to Interstate 75/64. Adjacent to areas of high residential growth, new industrial development, and large employers. 12-minute drive from Georgetown, KY. Georgetown continues to be one of the fastest growing regions in Kentucky and the employment rates are excellent with Toyota and related companies. U.S. 25 (Georgetown Road) has been vastly improved and four-laned which improves travel times to Georgetown and the Interstate. Access to Frankfort from this location is excellent.

Lexington has grown signifi cantly in this corridor as evidenced by the new elementary school, a number of new industrial buildings in close proximity to the site and the continued development of Coldstream Research Park.

UtilitiesElectricity/Power, Water, Telephone, Cable, & Gas/Propane

$1,975,000

Property Details

Price: $1,975,000

Total Lot Size: 14.71 AC

Property Type: Land

Property Sub-Type: Multifamily (land) Retail (land) Commercial/Other (land)

Zoning: R-4 (Multifamily / High Density Apt)

Gently rolling with relief of 17’ across the northern parcel corresponding to elevations of 930’ to 947’. Southern parcel is gently rolling with relief of 15’ with elevations of 925’ to 940’. There are no known fl oodplains or fl oodways on the site.

JAMES M. [email protected]

444 E Main Street, Suite 110PO Box 21793 Lexington, KY 40522

Disclaimer: Property boundaries are only approximation and do not represent actual property lines. This is for illustration purposes only.

PRICE REDUCED

Page 2: FOR SALE - LoopNet...FOR SALE 2559 Kearney Ridge Blvd, Lexington, KY 40511 Prime development parcels zoned R-4 (Multifamily Site / High Density Apartment). Total acreage includes properties

859-288-5008 / schradercommercial.comThe information contained herein is from sources believed, but not guaranteed to be reliable. Schrader Commercial Properties, LLC makes no representations or warranties regarding the property and you should conduct a careful independent investigation of the property to determine its suitability for your use and investment.

Site Plan

Page 3: FOR SALE - LoopNet...FOR SALE 2559 Kearney Ridge Blvd, Lexington, KY 40511 Prime development parcels zoned R-4 (Multifamily Site / High Density Apartment). Total acreage includes properties

859-288-5008 / schradercommercial.comThe information contained herein is from sources believed, but not guaranteed to be reliable. Schrader Commercial Properties, LLC makes no representations or warranties regarding the property and you should conduct a careful independent investigation of the property to determine its suitability for your use and investment.

Site Plan