Residential Land for Auction in Franklin, Kentucky
Fairview Ave, Franklin, KY 42134
Live & online auction Aug 27 at 10AM CST. $50,000 is starting bid. Rare shovel-ready +/-2.56 +/- acre tract in Franklin, KY, zoned R-3. Currently one lot with a full engineering and permitting package in place for a 20-unit, 5-building multifamily development that was never constructed - buyer inherits a major head start. Includes complete civil engineering plan set (site layout, grading/drainage, erosion control, utilities, landscape plan), engineering approval letter, active KPDES construction stormwater permit, executed Stormwater Management Inspection & Maintenance Agreement with the City of Franklin, and a filed development plan application. Not in a flood-prone area per FEMA. Dedicated waterline and ingress/egress easements benefit the lot. City water, sewer, electric, and gas available. Sold AS-IS, WHERE-IS. 10% Buyer's Premium due immediately following auction. Closing 30 days or less. All day-of-auction announcements take precedence over prior advertised material.
Auction details
- Price
- $50,000 minimum
Location
- Street address
- Fairview Ave
- County
- Simpson County
- Zip code
- 42134
- Community
- Myrtle Cove
- Elevation
- 728 feet
Directions
Turn off of W Cedar St onto Fairview Ave. You will dead end into cul-de-sac/property.
Property details
- Acreage
- 2.56 acres
- MLS #
- RASK RA20264673
- Posted
Details and features
Listing
- Type
- Land
Lot
- Features
- Private Street
Nearby schools
| Name | Type |
|---|---|
| Simpson | Elementary |
| Franklin Simpson | Middle |
| Franklin Simpson | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 28, 2026 | Relisted | $50,000 | — | RASK |
| Aug 28, 2026 | Listing removed | $— | — | REALTRACS |
| Aug 4, 2026 | New listing | $— | — | REALTRACS |