Old Oxford Rd
- County Cluster Development Potential
- Contiguous 157 Acre Farm with Frontage on Old Oxford Rd and Newtown Pike
- 5 minutes to I-75, 10 minutes to downtown Georgetown, 25 minutes to downtown Lexington
- 4 miles from Toyota Motor Manufacturing
Property Description
SVN | Stone Commercial Real Estate is pleased to bring to market 157 contiguous acres in rapidly growing Scott County, Kentucky. The property is bordered by Newtown Pike to the east and Old Oxford Road to the south, offering over 1,300 feet of road frontage. Its rolling fields are well suited for either an individual seeking to build their dream estate or a developer pursuing a county cluster development. Under a recently passed county ordinance allowing greater density, a developer could build up to 78 residential lots on this property. This land presents a prime opportunity for developers seeking a site suited for single-family home construction in a market facing a significant housing shortage. According to a 2024 Kentucky Housing Corporation study, Scott County is short 2,704 homes for purchase, leading the state in housing shortage. An additional 20 acre tract for residential development inside the Georgetown Urban Service Boundary is available for sale, and it borders this 157 acre offering. Ask Advisor Travis Rose for more information. Whether you are searching for a beautiful farm on which to build your dream home or looking to capitalize on Scott County's growth and limited housing supply, this property offers exceptional potential. All showings must be coordinated with Travis Rose, 859.806.1591 // [email protected].
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $3,218,500 |
| Lot Size: | 157.00 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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