5.8 Acres of Residential Land for Sale in Frankfort, Kentucky
120 Nicklaus Dr, Frankfort, KY 40601
Wonderful Opportunity for a builder/developer to purchase and build in Phase II of ''The Condos'' at Duckers - This is a very desirable area on southeast side of Franklin County. The 5.8 acres consist of Tracts 4 and 5 that includes 38 allocated building units in a Development plan - Planned Unit Development (PUD) The current owner has had an engineer draw up plans for either apartments, townhouses, or condo buildings. There is a chance to increase density as Franklin Co Planning &Zoning has allowed other areas to increase sewer manholes on site for easy access. Frankfort Plant Board handles the water and cable. KU handles electric. Priced at less than $10,000 per unit for land and sewer. Phase 1 Completely built out, a well ran HOA is in place if the new developer wants to annex. The development land wraps around # 10, #11 And #18 at Ducker's Lake Gulf Course (currently closed). The last new Sales in Phase 1 are transferring for $260,000 to $280,000.
Directions
US 421 S. Leestown Rd - turn right on Duckers Station and Right on Nicklaus Dr. Prperty is at the end of Nicklaus Road
Property details
- County
- Franklin County
- Community
- Condos At Duckers
- School District
- Franklin County - 14
- Zoning
- R-1A
- Elevation
- 830 feet
- MLS Number
- LBAR 24006157
- Date Listed
Parcels
- 095-00-00-053.98
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Hearn | Elementary | Franklin County - 14 | — |
Elkhorn Middle | Middle | Franklin County - 14 | — |
Franklin Co | High | Franklin County - 14 | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Apr 4, 2024 | New listing | $320,000 | — | LBAR |