For Sale
$922,000

305 Kentucky AveVersailles, KY 40383

4.32 Acres, I1 Zoning, High Development Potential

Overview

Added:
Feb 3
Days on market:
65
This exceptional 4.32-acre property located at 305 Kentucky Avenue in Versailles, Kentucky presents a significant investment opportunity. Currently zoned I1 (Light Industrial), this expansive lot offers substantial road frontage, making it ideal for a variety of industrial uses. The generous size allows for the development of multiple individual lots, catering to diverse business needs. However, the property's potential extends beyond industrial applications. A zoning change to R3 would permit the construction of approximately 35 townhomes, while an R4 rezoning could accommodate up to 69 residential units. This flexibility provides a unique opportunity for developers seeking a high-yield project with significant upside. The property's location in Versailles, Kentucky offers access to key transportation routes and a growing community. Detailed site plans and zoning information are available upon request. This is a rare chance to acquire a large parcel of land with exceptional versatility in a desirable Kentucky location. Serious inquiries only. The asking price is $922,000. Don't miss this chance to secure a prime piece of real estate with immense potential for future growth and profitability. Contact us today to learn more about this exciting opportunity.

Property Details for 305 Kentucky Ave

Property type
Lot Size (sq. ft)
188,179 SF

Location Insight

City
Versailles
County
Woodford
State
Kentucky
Latitude
38.05717
Longitude
-84.73923
305 Kentucky Ave, Versailles, Kentucky

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305 Kentucky Ave
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