451 Chilesburg RdLexington, KY 40509

For Sale
$2,614,000

Lexington development land, multiple uses.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 12.54-acre property in Lexington, Kentucky, presents a compelling investment opportunity. Located at 451 Chilesburg Rd, Fayette County, zip code 40509, this land boasts multiple access points and convenient proximity to major transportation routes, including easy access to I-75. Its strategic location near Richmond Road and Jacobson Park offers quick connections to Lexington's amenities, including retail, hotels, financial institutions, and more. Currently zoned AG, Agricultural Rural, this versatile parcel allows for flexible usage options. The Lexington-Fayette Urban County Government (LFUCG) Planning Department recommends Expansion Area Residential (EAR-1) zoning, opening possibilities for diverse development. Potential uses include single-family homes, multi-family dwellings, townhouses, community residences, and religious assemblies. The asking price for this prime development land is $2,614,000. This property offers significant potential for developers seeking a well-situated parcel with diverse development possibilities in a thriving Lexington community. The latitude and longitude coordinates are 37.989105 and -84.4143239 respectively.

Highlights

  • 12.54-acre development site in Lexington, KY.
  • Multiple access points & proximity to major transportation routes.
  • Chilesburg area, near Richmond Rd & Jacobson Park.
  • Easy I-75 access; close to retail, hotels, and financial institutions.
  • Currently AG-zoned; LFUCG recommends EAR-1 zoning.
  • Potential uses: single-family, multi-family, townhouses, and more.

Property Details for 451 Chilesburg Rd

Property type
Other land, Other farms
Lot Size (sq. ft)
546,242 SF

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
37.989105
Longitude
-84.4143239
451 Chilesburg Rd, Lexington, Kentucky

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451 Chilesburg Rd
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