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$2,128,000
Est. payment /mo
30 Acres Lot
UPDATED:
11/24/2024 03:38 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type Commercial Land
Subdivision Colby Ridge
MLS Listing ID 24013807
Lot Size 30.000 Acres
Property Description
Opportunity Knocks! Currently Clark County has approved the seller's plan to build a Single Family home/Multi Family Development consisting of 30 acres of which 25 acres have been designed for 102 residential lots and 5 acres for a Multi-Family 80 Door Complex. Of those 102 lots, 14 are basement lots and 88 are slab lots. Marketable price point for the buildable lots are projected to begin under $300K with potential for upside in basement lots and buyer upgrades to the new builds. Additionally there is a 5 acre tract designed for a Class A multifamily complex consisting of Ten 2-story buildings with 8 units per building for a total of 80 units.
The site will extend from the Colby Ridge Subdivision, which is directly behind the Shoppers Village on the By-Pass and within 1.6 miles off of I-74 and 1.4 miles from US 60. It is within close proximity and walking distance to local stores, shopping and the Kroger supermarket.
Property falls in the West Corridor of Winchester and under the sewer sanitation lines of the West Intersector. IMP NOTE: This site is approved by the City/County for available sewer sanitation capacity and not restricted to the 2007 Consent Decree with EPA.
The site will extend from the Colby Ridge Subdivision, which is directly behind the Shoppers Village on the By-Pass and within 1.6 miles off of I-74 and 1.4 miles from US 60. It is within close proximity and walking distance to local stores, shopping and the Kroger supermarket.
Property falls in the West Corridor of Winchester and under the sewer sanitation lines of the West Intersector. IMP NOTE: This site is approved by the City/County for available sewer sanitation capacity and not restricted to the 2007 Consent Decree with EPA.
Location
State KY
County Clark
Exterior
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Listed by Keller Williams Bluegrass Realty
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