536 538 Wesdt 5 StLexington, KY 40502
- Residential income properties
Property Details for 536 538 Wesdt 5 St
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
This exceptional 2,251 square foot development site presents a lucrative redevelopment opportunity in Lexington, Kentucky. Located at the corner of West Fifth and Smith Streets, just one block from Jefferson Street, this property boasts a highly desirable location with excellent visibility and accessibility. The lot, measuring 40 feet by 56 feet, is zoned R-4 High Density Apartment, allowing for the construction of a substantial multifamily residential building. This zoning designation offers significant potential for maximizing density and rental income. The asking price for this prime piece of land is $52,500. Given its size, zoning, and strategic location, this property represents a compelling investment for developers seeking to capitalize on the growing demand for multifamily housing in Lexington. The address is 536-538 West Fifth Street, Lexington, KY 40502. Serious inquiries are encouraged. This is a rare opportunity to acquire a well-situated development site in a thriving Kentucky market.
Location Insight
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Latitude
- 38.0573
- Longitude
- -84.4941
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].