Mixed-Use Land for Sale in Winchester, Kentucky

Clark County Winchester, KY 40391

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$2,128,000
30 acres
Active sale agoEst $17,429/mo

Opportunity Knocks! Currently Clark County has approved the seller's plan to build a Single Family home/Multi Family Development consisting of 30 acres of which 25 acres have been designed for 102 residential lots and 5 acres for a Multi-Family 80 Door Complex. Of those 102 lots, 14 are basement lots and 88 are slab lots. Marketable price point for the buildable lots are projected to begin under $300K with potential for upside in basement lots and buyer upgrades to the new builds. Additionally there is a 5 acre tract designed for a Class A multifamily complex consisting of Ten 2-story buildings with 8 units per building for a total of 80 units.The site will extend from the Colby Ridge Subdivision, which is directly behind the Shoppers Village on the By-Pass and within 1.6 miles off of I-74 and 1.4 miles from US 60. It is within close proximity and walking distance to local stores, shopping and the Kroger supermarket.Property falls in the West Corridor of Winchester and under the sewer sanitation lines of the West Intersector. IMP NOTE: This site is approved by the City/County for available sewer sanitation capacity and not restricted to the 2007 Consent Decree with EPA.

Directions

From I-64E: Take Exit 94. Make RIGHT off the exit onto Bypass Road. Continue on Bypass Road for apprx a mile. Turn RIGHT onto Redwing Drive. Turn RIGHT onto Colby Road. Follow to end and property is at end.

Property details

Community
Colby Ridge
MLS Number
LBAR 24013807
Date Posted

Parcels

  • 033-0000-015-00

This 30-acre property is located in Winchester, KY 40391. The property is currently available for sale for $2,128,000 with a price per acre of $70,933. Listing data is sourced from Lexington-Bluegrass Association of Realtors # 24013807.

Verify sale details at the property source or contact Keller Williams Bluegrass Realty at (859) 260-1444.

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Copyright (C) 2024 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

MELIA Realty Group - Melia Hord
Keller Williams Bluegrass Realty
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