859-224-2000
75 McCracken Pike, Versailles, KY for Sale
Commercial LAND - FOR SALE
1/6
1,799,028 SF

75 McCracken Pike
Versailles, KY 40383


HIGHLIGHTS

  • Rare opportunity to acquire a large-scale single family project in a supply constrained market
  • Potential 41.3 AC single-family development
  • Preliminary plat includes 97 single-family lots

OVERVIEW

KLNB Capital Markets, in partnership with NAI Isaac, is pleased to offer for sale a 41.3-acre single family development opportunity located at 75 McKracken Pike in Versailles, KY (the “property”). Situated less than a mile from historic downtown Versailles, the property presents developers with the rare opportunity to acquire a large-scale single-family project in a supply constrained market. The property currently has both R-1A and R-1B zoning, which allow for the development of single family detached homes as a matter of right. The seller recently obtained preliminary plat approval for 97 single family lots, the average size of which is approximately 14,500 square feet. We anticipate offers closing at final plat approval, which can either be completed by the seller or the purchaser. The market in Versailles demonstrates a strong and consistent demand for new single-family homes, driven by its desirable location within the Lexington metropolitan area and its reputation for excellent schools and a high quality of life. The limited availability of existing housing stock, coupled with the ongoing influx of professionals drawn to the region’s expanding economy, creates a compelling opportunity for a well-planned, single-family development to meet the growing needs of the community.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

The Reserve at Glenns Creek

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Single Family Development

LAND ACRES

41.3 AC

LAND SF

1,799,028 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-1A and R-1B

APN/PARCEL ID

19-0000-012-00

ASK ABOUT THIS PROPERTY

Zach SmithNAI IsaacMore Info
859-224-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Zach SmithNAI IsaacMore Info
859-224-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.