1240 Armstrong Mill Road, Lexington, KY 40517

$250,000
Property Type: Land Lot Size (sq. ft.): 408,157 Status: Closed
Current Price: $250,000 List Date: 9/09/2022 Last Modified: 9/03/2025

Overview

Description

A rare opportunity for possible development site close to everything Lexington. ie: Church, Synagogue or Temple or townhomes apartments etc.. Possible housing development. Corners on 2 streets and sits on a knoll with beautiful views either at the rise of the sun or the setting. The zoning is U-A Agricultural Urban with a Land Use Code (499) C- Other Commercial Structures per the Fayette Co PVA records. Currently used as a house of prayer so please remove your shoes upon entry. Listing agent to attend all showings.

Listing Details MLS# 22020143

Listing Information

Comp Sale YN
No
Property Sub Type
Unimproved Land

Status Change Information

Status Change Timestamp
2022-10-03
Purchase Contract Date
2022-09-12
Close Date
2022-09-30
Close Price
250000
Buyer Financing
Cash
Sale Type
Arms Length Sale
Concessions Comments
NA

Address

County
Fayette
Street Number
1240
Street Name
Armstrong Mill
Street Suffix
Road
State
KY
Zip Code
40517
Directions
From Tates Creek turn onto Armstrong Mill Road. Property is on the right.
Parcel Number
22531300

Contract

Original List Price
3500000
Start Showing Date
2022-09-09
Listing Contract Date
2022-09-09
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
373532.55
List Price/SqFt
8.58
Sold Price/Acre
26680.9
Sold Price/SqFt
0.61
SP/LP
0.07

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Tates Creek Common

Lot

Lot Size Acres
9.37
Lot Size Square Feet
408157

More Information

Remarks

Public Remarks
A rare opportunity for possible development site close to everything Lexington. ie: Church, Synagogue or Temple or townhomes apartments etc.. Possible housing development. Corners on 2 streets and sits on a knoll with beautiful views either at the rise of the sun or the setting. The zoning is U-A Agricultural Urban with a Land Use Code (499) C- Other Commercial Structures per the Fayette Co PVA records. Currently used as a house of prayer so please remove your shoes upon entry. Listing agent to attend all showings.

Property Details

Septic Available YN
Yes

Showing Information

Showing Instructions
Call listing agent at least 12 hours prior to showing. Bank Letter prior to showing is a must.

Tax & Legal

Zoning Description
A-U - AGRICULTURAL URBAN

Utilities

Electricity Available
Yes
Water Available
Yes

Property Features

Utilities: Electricity Available; Water Available; Electricity Available; Water Available
Listing Office: Bluegrass Home Group
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
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