101 Ikabana Path, Georgetown, KY 40324

$850,000
Property Type: Land Lot Size (sq. ft.): 87,120 Status: Closed
Current Price: $850,000 List Date: 4/12/2017 Last Modified: 9/03/2025

Overview

Description

Prime location in rapidly developing area. Perfect site for hotel, retail, or restaurant. Located next to large parcel with plans for major 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, Ruby Tuesday, and Wendy's. 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. Land for Sale, Build to Suit, Ground Lease Opportunities available

Listing Details MLS# 1707790

Listing Information

Property Sub Type
Unimproved Land

Status Change Information

Price Change Timestamp
2018-08-30T03:28:52Z
Status Change Timestamp
2018-08-29
Purchase Contract Date
2018-07-01
Close Date
2018-08-29
Close Price
850000
Buyer Financing
Other
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Scott
Street Number
101
Street Name
Ikabana
Street Suffix
Path
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 lies between the Wal-Mart Super Center, Lowe' s, and Kohl' s.

Contract

Original List Price
950000
Start Showing Date
2017-04-12
Listing Contract Date
2017-04-12
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
475000
List Price/SqFt
10.9
Sold Price/Acre
425000
Sold Price/SqFt
9.76
SP/LP
0.89

Tax Legal

MLS Area Major
005 - Scott County
Subdivision Name
Commercial

Lot

Lot Size Acres
2
Lot Size Square Feet
87120.08

More Information

Remarks

Public Remarks
Prime location in rapidly developing area. Perfect site for hotel, retail, or restaurant. Located next to large parcel with plans for major 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, Ruby Tuesday, and Wendy's. 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. Land for Sale, Build to Suit, Ground Lease Opportunities available

Property Details

Floodplain YN
No

Tax & Legal

Zoning Description
Commercial

Utilities

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Listing Terms

Lease Option
Yes

Special Listing Conditions

Standard
Yes

Documents

Survey
Yes

Property Features

Utilities: Electricity Available; Sewer Available; Water Available; Electricity Available; Sewer Available; Water Available Listing Terms: Lease Option Special Listing Conditions: Standard Documents: Survey
Listing Office: Keller Williams Bluegrass Realty
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
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