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$50,000
Est. payment /mo
2.56 Acres Lot
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Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID RA20264673
Lot Size 2.560 Acres
Property Sub-Type Residential
Property Description
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.
Location
State KY
County Simpson
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Listed by Apex Realty, LLC
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Haley Team
Director of Agent Success & Client Experience
Director of Agent Success & Client Experience