840 Angliana, Lexington, KY 40508

$3,350,000
Property Type: Land Lot Size (sq. ft.): 242,629 Status: Closed
Current Price: $3,350,000 List Date: 12/04/2017 Last Modified: 9/03/2025

Overview

Description

This listing consists of 5.5 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 utilized as a tobacco receiving station. This property is ready to be developed in to a use suited to the student community that defines the neighborhood. 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 the attached documents.

Listing Details MLS# 1726415

Listing Information

Property Sub Type
Unimproved Land

Status Change Information

Price Change Timestamp
2018-11-21T14:40:17Z
Status Change Timestamp
2021-05-06
Purchase Contract Date
2019-03-11
Close Date
2021-05-03
Close Price
3350000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
N/A

Address

County
Fayette
Street Number
840
Street Name
Angliana
State
KY
Zip Code
40508
Directions
Property located on Angliana Avenue between South Broadway and Versailles Road.
Parcel Number
1471000

Contract

Original List Price
3950000
Start Showing Date
2017-12-01
Listing Contract Date
2017-12-01
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
610412.93
List Price/SqFt
14.01
Sold Price/Acre
601436.27
Sold Price/SqFt
13.81
SP/LP
0.99

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Commercial

Lot

Lot Size Acres
5.57
Lot Size Square Feet
242629.42

More Information

Remarks

Public Remarks
This listing consists of 5.5 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 utilized as a tobacco receiving station. This property is ready to be developed in to a use suited to the student community that defines the neighborhood. 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 the attached documents.

Property Details

Floodplain YN
No

Showing Information

Showing Instructions
Call Listing Agent

Tax & Legal

Zoning Description
B-4

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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