2 Vacant Commercial and Development Land Parcels selling At Auction, Interstate 65 Franklin, Ky
Excellent Interstate visibility North & Southbound
2.43 Acres of Prime Development Land fronting Interstate 65 & Trotters Lane, Franklin, KY Exit 6
Auction Date Thursday, March 28 1 00 Pm
Auction Site Comfort Inn & Suites 105 Trotters Lane, Franklin, KY 42134. This auction will be conducted off-site property is across the street in the meeting room of the hotel for convenience.
LAND Description & Details Excellent development opportunity with Interstate and state highway visibility consisting of 2.43 acres of prime land fronting Interstate 65 at Exit 6 on the southbound entrance ramp in Franklin, KY. The Kytc Traffic Count Reporting System indicates the Aadt Annual Average Daily Traffic count in 2017 located at the KY 100 Interchange was 48,143.
Transitional land continues to attract investors, developers and franchise owners to new areas as they seek to expand their territories. This land will be offered in two parcels, Lots 6 & Lot 7 with the right of combinations. Utilities are available along Trotters Lane and/or Highway 100. The property is currently zoned B-5, Interstate Interchange Business District and is located within the city limits of Franklin, KY. The land also rests within the Kentucky Opportunity Zone Initiative for economic development projects.
Parcel / Lot 6 contains 1.35 Acres with 305' frontage along Interstate 65 and 305' frontage along Trotters Lane.
Parcel / Lot 7 contains 1.08 acres with 162' frontage along Interstate 65 and 240' frontage on Trotters Lane.
TERMS & Conditions 10 down non-refundable deposit on sale day with the balance due on or before April 29, 2019. Possession w/ delivery of deed at closing, 2019 Real Estate taxes will be prorated at closing. Property is being sold As Is and is subject to all easements and leases, recorded and unrecorded. There are no contingencies whatsoever, including financing, appraisals nor post sale inspections. The property will be offered as individual lots and with the right of combinations. Properties will be conveyed by the current deed and plat book of record. A 7 Buyer's Premium will be added to the final bid price to determine the real estate sales and purchase contract selling price. We encourage your personal inspections and due diligence, prior to bidding. Announcements made day of sale take precedence.
For additional information contact or Chris Gravil