1 Blossom Park Drive, Georgetown, KY 40324

$2,700,000

Property Type: Land Lot Size (sq. ft.): 865,538 Status: Closed

Current Price: $2,700,000 List Date: 7/22/2013 Last Modified: 9/03/2025

Overview

Description

One of the last large-scale development opportunities left in Georgetown! Rare chance to purchase nearly 20 acres of land in a prime location in a rapidly developing area. Perfect site for major commercial/retail development! Surrounding retail currently includes Wal-Mart, Kohl's, and Lowe's. Adjacent restaurants include McDonald's, Starbucks, Burger King, O'Charleys, Applebee's, Frisch's, Steak n Shake, Golden Corral. Scott County, KY is one of the fastest growing areas in the South with a population increase of 29.7% during the Period from 2000 to 2006. The average household income for Scott County is $73,187. More than 450,000 people live within a 20 minute driving distance. Two adjacent outlets also available (see photos).

Listing Details MLS# 1314601

Listing Information

Property Sub Type: Unimproved Land

Status Change Information

Price Change Timestamp: 2016-06-30T13:17:11Z
Status Change Timestamp: 2016-06-30
Purchase Contract Date: 2016-05-01
Close Date: 2016-06-28
Close Price: 2700000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: none

Address

County: Scott
Street Number: Yes
Street Name: Blossom Park
Street Suffix: Drive
State: KY
Zip Code: 40324
Directions: Georgetown is located on I-75, approximately 10 miles north of Lexington, where I-75 and I-64 intersect, and is in the heart of the bluegrass. The outlot is at I-75 (Exit #126) and is in the vicinity to the Wal-Mart Super Center, Lowe's, and Kohl's.

Contract

Original List Price: 3380000
Start Showing Date: 2013-07-21
Listing Contract Date: 2013-07-21
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/Acre: 170105.69
List Price/SqFt: 3.91
Sold Price/Acre: 135883.24
Sold Price/SqFt: 3.12
SP/LP: 0.8

Tax Legal

MLS Area Major: 005 - Scott County
Subdivision Name: Commercial

Lot

Lot Size Acres: 19.87
Lot Size Square Feet: 865537.99

More Information

Remarks

Public Remarks: One of the last large-scale development opportunities left in Georgetown! Rare chance to purchase nearly 20 acres of land in a prime location in a rapidly developing area. Perfect site for major commercial/retail development! Surrounding retail currently includes Wal-Mart, Kohl's, and Lowe's. Adjacent restaurants include McDonald's, Starbucks, Burger King, O'Charleys, Applebee's, Frisch's, Steak n Shake, Golden Corral. Scott County, KY is one of the fastest growing areas in the South with a population increase of 29.7% during the Period from 2000 to 2006. The average household income for Scott County is $73,187. More than 450,000 people live within a 20 minute driving distance. Two adjacent outlets also available (see photos).

Property Details

Floodplain YN: No

Tax & Legal

Zoning Description: B-5, General Commercial Park

Utilities

Electricity Available: Yes
Natural Gas Available: Yes
Sewer Available: Yes
Water Available: Yes

Special Listing Conditions

Standard: Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available Special Listing Conditions: Standard

Listing Office: Keller Williams Bluegrass Realty

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.