527 Angliana, Lexington, KY 40508
$1,900,000
Property Type:
Land
Lot Size (sq. ft.):
154,638
Status:
Closed
Current Price:
$1,900,000
List Date:
11/29/2017
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 1726130
Listing Information
- Property Sub Type
- Unimproved Land
Status Change Information
- Price Change Timestamp
- 2018-10-25T19:30:47Z
- Status Change Timestamp
- 2018-10-25
- Purchase Contract Date
- 2018-08-08
- Close Date
- 2018-10-25
- Close Price
- 1900000
- Buyer Financing
- Cash
- Sale Type
- Arms Length Sale
- Concessions Comments
- na
Address
- County
- Fayette
- Street Number
- 527
- Street Name
- Angliana
- State
- KY
- Zip Code
- 40508
- Directions
- Property located on Angliana Avenue between South Broadway and Versailles Road.
- Parcel Number
- 12502900
Contract
- Original List Price
- 2500000
- Start Showing Date
- 2017-11-28
- Listing Contract Date
- 2017-11-28
- Listing Agreement
- Exclusive Right To Sell
- Office Exclusive YN
- No
- List Price/Acre
- 704225.35
- List Price/SqFt
- 16.17
- Sold Price/Acre
- 535211.27
- Sold Price/SqFt
- 12.29
- SP/LP
- 0.76
Tax Legal
- MLS Area Major
- 004 - Fayette County SW
- Subdivision Name
- Commercial
Lot
- Lot Size Acres
- 3.55
- Lot Size Square Feet
- 154638.14
More Information
Remarks
- Public Remarks
- This listing consists of 3.5 acres of prime real estate situated on Angliana Avenue where thousands of student housing units have been built over the past three years. Historically this property has been owned and operated by Central District where tobacco auctions and sales have taken place each Fall and Winter. There are two buildings, one is the 68,000 square foot tobacco warehouse which fronts Angliana Avenue. The second building, located behind the tobacco warehouse, was added in 1963 AND IS 30,000 square feet utilized by a building material sales company. Current zoning designation is I-2. This property is ready to be developed. A retail center, fitness center, restaurant or hotel concept could all support the targeted demographics of this bustling location. The opportunities are almost limitless. See map of property in attached documents.
Property Details
- Floodplain YN
- No
Showing Information
- Showing Instructions
- Call Listing Agent
Tax & Legal
- Zoning Description
- I-2
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:
Silvestri Real Estate, LLC
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.