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- LoopNet Team
5924 Parkers Mill Rd
Lexington, KY 40513
Land For Sale · 28.00 AC
Investment Highlights
- - One Family Ownership Over 150 Years-
- - 2 Separate Parcels
- - Blue Grass Airport Minutes Away
- Over 28 Acres Of Prime Land In Lexington
- - Outstanding Location To Horseracing Farms
- - Value-Add Opportunity For Development
PROPERTY FACTS
Property Type | Land | Total Lot Size | 28.00 AC |
Property Subtype | Commercial |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 28.00 AC |
Description
The acreage has been under one family ownership for over 150 years, ever since the end of the Civil War! The "One of a Kind" type property has 4 individual addresses to the property, which is unheard of in this area of Lexington. The property is divided into two separate parcels or farms. The first parcel is an approximate 9.92+/- acres that does not have any structures in place. However, there is the possibility of building a new home on the site. The second parcel is approximately 18.67 +/- acres. This parcel includes three homes, including the original home where the owner was raised. All three need some tender loving care and potential restoration. The location is unparalleled. Adjacent to the property is the internationally famous Shadwell Farms property, known for nurturing Thoroughbred racehorses and being associated with a remarkable array of outstanding horses. Just down the road is the Blue Grass Airport. This facility is utilized by owners, trainers, riders and fans from all over the world that travel to Lexington each year to participate at Keeneland, which is right across the highway. Keeneland is a worldwide attraction with an important role in Thoroughbred breeding and racing. And to add to these well-known sites, is the prestigious Thoroughbred Club of America, which was formed to promote, foster, and encourage closer cooperation, better business relations, information & discussions in the Thoroughbred horse industry.
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $887,500 |
PROPERTY TAXES
- 25801800
- 22198050
zoning
Zoning Code | AR |
AR |
Learn More About Investing in Land
Listing ID: 25665843
Date on Market: 5/9/2022
Last Updated:
Address: 5924 Parkers Mill Rd, Lexington, KY 40513
The Land Property at 5924 Parkers Mill Rd, Lexington, KY 40513 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.