3090 Harrodsburg Road, Lexington, KY 40510

$1,075,000
Property Type: Land Lot Size (sq. ft.): 50,530 Status: Closed
Current Price: $1,075,000 List Date: 1/19/2017 Last Modified: 9/03/2025

Overview

Description

1.16 acres now available for SALE or GROUND LEASE. Asking price is $1,200,000 or ground lease rate of $120,000 annually. P-1 Zoning. Rare Harrodsburg Road development opportunity near intersection of New Circle Road. Adjacent to Corporate Center Office Park and United Bank branch on frontage road. Demolition and clearing of site to begin August/Sept 2017. Great visibility and access to/from Corporate Dr. or Arrowhead Dr. intersections. Across from Beaumont Centre with retail and office uses including Lexington Clinic, assisted living/memory care center under construction, Kroger Marketplace, hotels, restaurants, branch banks, c-stores as well as medical and professional office uses and more.

Listing Details MLS# 1701145

Listing Information

Property Sub Type
Unimproved Land

Status Change Information

Price Change Timestamp
2018-04-12T11:15:37Z
Status Change Timestamp
2018-04-12
Purchase Contract Date
2018-01-15
Close Date
2018-04-11
Close Price
1075000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
3090
Street Name
Harrodsburg
Street Suffix
Road
Street Suffix Modifier
3094
State
KY
Zip Code
40510
Directions
New Circle Road to south on Harrodsburg Road. Turn left at first light onto Corporate Drive and take immediate right onto service road. Property on left adjacent to United Bank at intersection of Arrowhead Dr.
Parcel Number
24235800

Contract

Original List Price
120000
Start Showing Date
2016-12-30
Listing Contract Date
2016-12-30
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
1034482.76
List Price/SqFt
23.75
Sold Price/Acre
926724.14
Sold Price/SqFt
21.27
SP/LP
0.9

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Indian Hills

Lot

Lot Size Acres
1.16
Lot Size Square Feet
50529.65
Lot Size Dimensions
190 x ?

More Information

Remarks

Public Remarks
1.16 acres now available for SALE or GROUND LEASE. Asking price is $1,200,000 or ground lease rate of $120,000 annually. P-1 Zoning. Rare Harrodsburg Road development opportunity near intersection of New Circle Road. Adjacent to Corporate Center Office Park and United Bank branch on frontage road. Demolition and clearing of site to begin August/Sept 2017. Great visibility and access to/from Corporate Dr. or Arrowhead Dr. intersections. Across from Beaumont Centre with retail and office uses including Lexington Clinic, assisted living/memory care center under construction, Kroger Marketplace, hotels, restaurants, branch banks, c-stores as well as medical and professional office uses and more.

Property Details

Floodplain YN
No

Showing Information

Showing Instructions
Demolition of existing older homes and clearing of site to begin August/September 2017.

Tax & Legal

Zoning Description
P-1

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Listing Terms

Lease Option
Yes

Lot Features

Irregular Lot
Yes

Special Listing Conditions

Standard
Yes

Documents

Survey
Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available Listing Terms: Lease Option Lot Features: Irregular Lot Special Listing Conditions: Standard Documents: Survey
Listing Office: Underwood Realty Group, LLC
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.