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Lexington/Fayette County Property

Lexington/Fayette County Property

Highly educated population. ✔

Nationally recognized quality of life. ✔

Highly visible location with major interstate access. ✔

Average household income of neighbors nearing $100k. ✔

Your next development investment. ✔

 

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The property is:

  • A total of 233 acres.
  • Located on I-75, exit 104.
  • Well-suited for business or retail with approximately 62,000 cars passing by the site every day.
  • Equipped with a 10-inch sewer line and other utilities (an 8-inch water line, electricity and gas lines) near the property.
  • Zoned agricultural but considered a prime prospect for commercial/mixed use when the city expands its next comprehensive plan.
  • Near major national hotels and restaurants.

 

More about Fayette County and Kentucky:

  • The population is 305,000 in Fayette County and 550,000 in the Metropolitan Statistical Area (MSA).
  • The average household income within three miles of the property is more than $92,000.
  • Home to the state’s flagship university, the University of Kentucky, the Lexington area has 10 colleges and universities within 40 miles. In addition, Lexington has five other professional and technical colleges.
  • In total, more than 75,000 students are enrolled in institutions of higher learning in the Bluegrass, graduating close to 13,000 annually.
  • Lexington ranks 10th among U.S. cities for residents with college degrees. Slightly more than 40 percent of the population 25 years or older has at least a bachelor’s degree.
  • Since 2011, more than $260 million in investments have led to business locations and expansions that are expected to create up to 2,700 new jobs.
  • Lexington is within 600 miles of 50 percent of the U.S. population
  • Positioned at the crossroads of two major interstates, I-75 and I-64, Lexington gives companies direct access to both north-south and east-west routes.