For Sale
$1,550,000

300 Lindenhurst DrLexington, KY 40509

56-Unit Approved Plan, 2.53 Acres

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 2.53-acre site in Lexington, Kentucky, presents a fully approved plan for a 56-unit multifamily development. Located in Southeast Lexington, near the intersection of Richmond Road and Man O' War Boulevard, this shovel-ready property boasts convenient access to I-75, Saint Joseph East Hospital, and Valvoline Headquarters. The R-4 zoning allows for medium-density residential construction. The site's prime location offers proximity to retail, hotels, financial institutions, and other amenities in the Richmond Road and Hamburg areas. The existing development plan streamlines the construction process, minimizing delays and maximizing efficiency. Adjacent to Steeplechase Apartments and potential future developments, this property represents a significant investment opportunity. The asking price is $1,550,000. This is a rare opportunity to acquire a fully permitted and strategically located multifamily development site in a thriving Lexington market. The property's size and zoning provide flexibility for a variety of development options. Don't miss this chance to capitalize on the strong demand for multifamily housing in this desirable area. The address is 300 Lindenhurst Dr, Lexington, KY 40509.

Highlights

  • 2.53-acre shovel-ready site in Lexington, KY.
  • Approved 56-unit multifamily development plan.
  • Adjacent to Steeplechase Apartments and potential future development.
  • Southeast Lexington location near Richmond Rd, Man O' War Blvd, I-75, Saint Joseph East Hospital, and Valvoline Headquarters.
  • Excellent access to major roadways and interstates.
  • R-4 Medium Density Residential zoning.

Property Details for 300 Lindenhurst Dr

Property type
Land
Lot Size (sq. ft)
110,207 SF
Units
56

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.002322
Longitude
-84.4298139
300 Lindenhurst Dr, Lexington, Kentucky

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300 Lindenhurst Dr
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