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26691790
26691791

Paris Pike & Famouth Drive, Georgetown, KY 40324 For Sale

PB
KY 65116
Block + Lot
Listed by Block + Lot
$1,950,000
326 days on market
Updated 18 days ago

Paris Pike & Falmouth Drive

Details
APN 190-20-026.000
Property Type Land, Multifamily (+2)
Sub Type Commercial, Residential (+1)
Acreage 10.740
Zoning B-4

Land | 10.74 acres

Marketing description

Paris Pike at Falmouth Drive in Georgetown, KY is a 10.74 acre lot zoned B-4 (Community Commercial). The lot is divided by Falmouth Drive with the western portion being 7.511 acres and the eastern portion being 3.233 acres. The highest and best uses as currently zoned are grocery, retail, c-store/gas stations, restaurants, banks, professional/medical office, etc. With a re-zone, other highest and best uses would be hospitality and/or multifamily.

Paris Pike at Falmouth Drive is located off of the southern most Georgetown, KY (Lexington MSA) Exit. This property is just 0.3 miles from the I-75 interchange, 3.8 miles from the Toyota Manufacturing Plant (+/- 9,500 employees), and 15 miles north of Lexington, KY. Consistently one of the fastest growing markets in KY, Georgetown continues to see growth in housing, multi-housing, office, retail, and industrial sectors of the market.

Investment highlights

  • Closest Georgetown Exit to Lexington, KY

  • 0.3 miles from the I-75 interchange, putting this property within a 24-hour drive from 70% of the US population

  • Priced at 2025 appraised value

  • The property is 3.8 miles away from the Toyota Manufacturing Plant that employs over 9,500 people

  • Georgetown is consistently one of the fastest growing markets in the Commonwealth of Kentucky

Listing Contacts

PB
KY 65116
Block + Lot
Listed by Block + Lot

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