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INVESTMENT HIGHLIGHTS
- Located on one of Lexington's best known and busiest business corridors
- Traffic count of +/- 13,200 cars per day
EXECUTIVE SUMMARY
Excellent commercial corner lot, zoned B-1 and located on one of Lexington's best known and busiest business corridors, with a traffic count of +/- 13,200 cars per day. Great location for a coffee shop, doughnut shop, telephone store, bank branch, just to name a few. Southland Drive was the subject of an extensive renovation project in 2020. The renovations included installation of new sidewalks, drainage system improvements, lots of new landscaping, new pavement, and widening of the street to allow for the new center turning lane, as well as new bicycle lanes running from end to end. The improvements served to make a very desirable business area, even more desirable. This was formerly a gas station. Shield Environmental Associates Inc. removed the tanks and preformed remediation work, and the Kentucky Department Of Environmental Protection has issued the attached " No Further action with Facility Letter".
PROPERTY FACTS
| Price | $799,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.47 AC |
| Property Type | Land | ||
| Zoning | B-1 - Business | ||
| Price | $799,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.47 AC |
| Zoning | B-1 - Business |
1 LOT AVAILABLE
Lot
| Price | $799,000 | Lot Size | 0.47 AC |
| Price Per AC | $1,700,000.00 |
| Price | $799,000 |
| Price Per AC | $1,700,000.00 |
| Lot Size | 0.47 AC |
Excellent commercial corner lot, zoned B-1 and located on one of Lexington's best known and busiest business corridors.
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Number | 11565400 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $400,000 |
PROPERTY TAXES
Parcel Number
11565400
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$400,000
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216 Southland Dr
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