Hang on a second...
USDAProperties.com is preparing the eligibility details...

 

 

 

$320,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
120 Nicklaus Dr
Frankfort, KY 40601
Unknown bed 0 bath unknown SqFt ($0/SqFt)
5.8 acre lot.
Listed 2024-04-02
Ⓧ USDA Ineligible
due to property

near Frankfort

Wonderful Opportunity for a builder/developer to purchase and build in Phase II of ''The Condos'' at Duckers - This is a desirable area on southeast side of Franklin County.

The 5.8 acres cnsist 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 bui ldings. There is a chance to increase density as Franklin Co Planning andZoning 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.


Presented by Ronald Durham at
Heart of KY Real Estate.


Property MLS #24006157 from BLUEGRASS

Total Bathrooms: 0.00

Road Frontage Type: 120.0000

Lot Size Acres: 5.8
Topography: Cleared, Level
Lot Size Square Feet: 252648

View: Farm, Lake

Elementary School: Hearn
High School: Franklin Co
Middle School: Elkhorn Middle
School District: Franklin County - 14

Hearn Elementary School is a public elementary school located approximately 2.1 miles away.
directions icon Map directions

Elkhorn Middle School is a public middle school located approximately 3.4 miles away.
directions icon Map directions

Franklin County High School is a public high school located approximately 3.4 miles away.
directions icon Map directions

The Frankfort Christian Academy is a private elementary, middle and high school located approximately 1.7 miles away.
directions icon Map directions

Source Listing Status: Active
County: Franklin
Directions: US 421 S. Leestown Rd - turn right on Duckers Station and Right on Nicklaus Dr. Prperty is at the end of Nicklaus Road
Source Property Type: Land - Farm/Land
Possible Use: Residential
Area: 014 - Franklin County
Source Neighborhood: Condos at Duckers
Subdivision: Condos at Duckers
Zoning: R-1A
Property Subtype: Lot
Source System Name: C2C

Listed 2024-04-02
$320,000
BLUEGRASS
Listing removed 2024-04-01
$0
BLUEGRASS
Listed 2023-01-06
$350,000
BLUEGRASS

Sewer: Public Sewer
Water Source: Public
Click Thumbnail Images To View Full Size
farm_landunknownunknownunknownhouse_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.