1 Blossom Park Drive, Georgetown, KY 40324
$2,700,000
Property Type:
Land
Lot Size (sq. ft.):
865,538
Status:
Closed
Current Price:
$2,700,000
List Date:
7/22/2013
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 1314601
Listing Information
- Property Sub Type
- Unimproved Land
Status Change Information
- Price Change Timestamp
- 2016-06-30T13:17:11Z
- Status Change Timestamp
- 2016-06-30
- Purchase Contract Date
- 2016-05-01
- Close Date
- 2016-06-28
- Close Price
- 2700000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
- Concessions Comments
- none
Address
- County
- Scott
- Street Number
- Yes
- Street Name
- Blossom Park
- Street Suffix
- Drive
- State
- KY
- Zip Code
- 40324
- Directions
- Georgetown is located on I-75, approximately 10 miles north of Lexington, where I-75 and I-64 intersect, and is in the heart of the bluegrass. The outlot is at I-75 (Exit #126) and is in the vicinity to the Wal-Mart Super Center, Lowe's, and Kohl's.
Contract
- Original List Price
- 3380000
- Start Showing Date
- 2013-07-21
- Listing Contract Date
- 2013-07-21
- Listing Agreement
- Exclusive Right To Sell
- Office Exclusive YN
- No
- List Price/Acre
- 170105.69
- List Price/SqFt
- 3.91
- Sold Price/Acre
- 135883.24
- Sold Price/SqFt
- 3.12
- SP/LP
- 0.8
Tax Legal
- MLS Area Major
- 005 - Scott County
- Subdivision Name
- Commercial
Lot
- Lot Size Acres
- 19.87
- Lot Size Square Feet
- 865537.99
More Information
Remarks
- Public Remarks
- One of the last large-scale development opportunities left in Georgetown! Rare chance to purchase nearly 20 acres of land in a prime location in a rapidly developing area. Perfect site for major commercial/retail development! Surrounding retail currently includes Wal-Mart, Kohl's, and Lowe's. Adjacent restaurants include McDonald's, Starbucks, Burger King, O'Charleys, Applebee's, Frisch's, Steak n Shake, Golden Corral. Scott County, KY is one of the fastest growing areas in the South with a population increase of 29.7% during the Period from 2000 to 2006. The average household income for Scott County is $73,187. More than 450,000 people live within a 20 minute driving distance. Two adjacent outlets also available (see photos).
Property Details
- Floodplain YN
- No
Tax & Legal
- Zoning Description
- B-5, General Commercial Park
Utilities
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Special Listing Conditions
- Standard
- Yes
Property Features
Utilities:
Electricity Available; Natural Gas Available; Sewer Available; Water Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available
Special Listing Conditions:
Standard
Listing Office:
Keller Williams Bluegrass Realty
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.