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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
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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 25801800
  • 22198050
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$887,500

zoning

Zoning Code AR
AR
  • Listing ID: 25665843

  • Date on Market: 5/9/2022

  • Last Updated:

  • Address: 5924 Parkers Mill Rd, Lexington, KY 40513

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