2261 Elkhorn Drive, Lexington, KY 40505

$2,850,000
Property Type: Land Lot Size (sq. ft.): 55,757 Status: Closed
Current Price: $2,850,000 List Date: 4/12/2017 Last Modified: 9/03/2025

Overview

Description

For comp purposes.

Listing Details MLS# 1707779

Listing Information

Property Sub Type
Unimproved Land

Status Change Information

Price Change Timestamp
2017-04-12T20:12:18Z
Status Change Timestamp
2017-04-12
Purchase Contract Date
2017-01-29
Close Date
2017-03-29
Close Price
2850000
Buyer Financing
Conventional
Sale Type
Non-Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
2261
Street Name
Elkhorn
Street Suffix
Drive
State
KY
Zip Code
40505
Directions
Elkhorn Drive
Parcel Number
20812309

Contract

Original List Price
3100000
Start Showing Date
2016-12-12
Listing Contract Date
2016-12-12
Listing Agreement
Exclusive Right To Sell
Owner Name
Meena Patel
Owner Phone
8592930586
Office Exclusive YN
No
List Price/Acre
2421875
List Price/SqFt
55.6
Sold Price/Acre
2226562.5
Sold Price/SqFt
51.11
SP/LP
0.92

Tax Legal

MLS Area Major
002 - Fayette County NE
Subdivision Name
Commercial

Lot

Lot Size Acres
1.28
Lot Size Square Feet
55756.85

More Information

Remarks

Public Remarks
For comp purposes.

Income and Expenses

Gross Income
900000
Insurance Expense
2000
Maintenance Expense
1000
Utilities Expense
5000

Property Details

Floodplain YN
No
Railroad Available YN
No
Deed Restrictions YN
No
Easements YN
No
Improvements YN
Yes
Turn Lane YN
No

Tax & Legal

Zoning Description
B-5P

Utilities

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

Listing Terms

Conventional
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 Listing Terms: Conventional Special Listing Conditions: Standard
Listing Office: Big Blue Realty
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
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