300 Lindenhurst DrLexington, KY 40509

Property Details for 300 Lindenhurst Dr

Lot size

2.53 AC

Zone code

R-4

Property type

Land

Property subtype

Commercial land

APN

12291920

APU

12291920

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $21,642,778

  Hospitality

  $19,824,668

  Educational

  $16,493,891

  Medical

  $17,061,142

  Retail

  $25,657,164

Location Insight

City

Lexington

County

Fayette

State

Kentucky

Latitude

38.0023

Longitude

-84.4298

CBSA code

30460

CBSA name

LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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