527 Angliana, Lexington, KY 40508

$1,900,000
Property Type: Land Lot Size (sq. ft.): 154,638 Status: Closed
Current Price: $1,900,000 List Date: 11/29/2017 Last Modified: 9/03/2025

Overview

Description

This listing consists of 3.5 acres of prime real estate situated on Angliana Avenue where thousands of student housing units have been built over the past three years. Historically this property has been owned and operated by Central District where tobacco auctions and sales have taken place each Fall and Winter. There are two buildings, one is the 68,000 square foot tobacco warehouse which fronts Angliana Avenue. The second building, located behind the tobacco warehouse, was added in 1963 AND IS 30,000 square feet utilized by a building material sales company. Current zoning designation is I-2. This property is ready to be developed. A retail center, fitness center, restaurant or hotel concept could all support the targeted demographics of this bustling location. The opportunities are almost limitless. See map of property in attached documents.

Listing Details MLS# 1726130

Listing Information

Property Sub Type
Unimproved Land

Status Change Information

Price Change Timestamp
2018-10-25T19:30:47Z
Status Change Timestamp
2018-10-25
Purchase Contract Date
2018-08-08
Close Date
2018-10-25
Close Price
1900000
Buyer Financing
Cash
Sale Type
Arms Length Sale
Concessions Comments
na

Address

County
Fayette
Street Number
527
Street Name
Angliana
State
KY
Zip Code
40508
Directions
Property located on Angliana Avenue between South Broadway and Versailles Road.
Parcel Number
12502900

Contract

Original List Price
2500000
Start Showing Date
2017-11-28
Listing Contract Date
2017-11-28
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
704225.35
List Price/SqFt
16.17
Sold Price/Acre
535211.27
Sold Price/SqFt
12.29
SP/LP
0.76

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Commercial

Lot

Lot Size Acres
3.55
Lot Size Square Feet
154638.14

More Information

Remarks

Public Remarks
This listing consists of 3.5 acres of prime real estate situated on Angliana Avenue where thousands of student housing units have been built over the past three years. Historically this property has been owned and operated by Central District where tobacco auctions and sales have taken place each Fall and Winter. There are two buildings, one is the 68,000 square foot tobacco warehouse which fronts Angliana Avenue. The second building, located behind the tobacco warehouse, was added in 1963 AND IS 30,000 square feet utilized by a building material sales company. Current zoning designation is I-2. This property is ready to be developed. A retail center, fitness center, restaurant or hotel concept could all support the targeted demographics of this bustling location. The opportunities are almost limitless. See map of property in attached documents.

Property Details

Floodplain YN
No

Showing Information

Showing Instructions
Call Listing Agent

Tax & Legal

Zoning Description
I-2

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: Silvestri Real Estate, LLC
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
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