4578 Georgetown Road, Lexington, KY 40511
$600,000
Property Type:
Land
Lot Size (sq. ft.):
229,126
Status:
Closed
Current Price:
$600,000
List Date:
9/08/2018
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 1820880
Listing Information
- Property Sub Type
- Unimproved Land
Status Change Information
- Price Change Timestamp
- 2019-08-14T14:59:43Z
- Status Change Timestamp
- 2019-08-14
- Purchase Contract Date
- 2019-06-17
- Close Date
- 2019-08-13
- Close Price
- 600000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
- Concessions Comments
- No
Address
- County
- Fayette
- Street Number
- 4578
- Street Name
- Georgetown
- Street Suffix
- Road
- State
- KY
- Zip Code
- 40511
- Directions
- Georgetown Rd North from Lexington or I-75 North Exit 120, left onto Iron Works Pike (Kentucky 1973), right onto Georgetown Rd. Property is on the right near the intersection.
- Parcel Number
- 24555550
Contract
- Original List Price
- 1100000
- Start Showing Date
- 2018-09-07
- Listing Contract Date
- 2018-09-07
- Listing Agreement
- Exclusive Right To Sell
- Office Exclusive YN
- No
- List Price/Acre
- 171102.66
- List Price/SqFt
- 3.93
- Sold Price/Acre
- 114068.44
- Sold Price/SqFt
- 2.62
- SP/LP
- 0.67
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
- Subdivision Name
- Rural
Lot
- Lot Size Acres
- 5.26
- Lot Size Square Feet
- 229125.81
More Information
Remarks
- Public Remarks
- Large 5.26 acre commercial parcel located near Fayette County's border with Scott County. Part of the only commercial tract off of I-75 exit 120, this land is zoned B-3 and is ready for development. Adjacent parcel has been sold and the planned construction of a Shell gas station will begin shortly. Most business uses are possible including a restaurant, bank or retail space. Very rare find in rapidly growing KY Horse Park area, this parcel will also be serviced by the major Georgetown Rd expansion project which is currently underway.
Property Details
- Floodplain YN
- No
Tax & Legal
- Zoning Description
- B-3, AR
Utilities
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Water Available
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Lease Option
- Yes
Special Listing Conditions
- Standard
- Yes
Property Features
Utilities:
Electricity Available; Natural Gas Available; Water Available; Electricity Available; Natural Gas Available; Water Available
Listing Terms:
Cash; Conventional; Lease Option
Special Listing Conditions:
Standard
Listing Office:
Keller Williams Bluegrass Realty
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.