120 Nicklaus Drive, Frankfort KY, 40601
(Active)
$320,000
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MLS# 24006157
Last Updated: 5/16/2024 8:06 AM
Description for
120 Nicklaus Drive
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.
Price
$320,000
Condos at Duckers
Franklin
24006157
Active
Description
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.
Listing Information
| Property Type: Land, Other | ||
| 5.8 Acres | ||
Condos at Duckers
Public
Public Sewer
Cable Available
Neighborhood
School Information
| District: Franklin County - 14 | ||
| Hearn | Elkhorn Middle | Franklin Co |
Room Information
Exterior / Lot Features
Lake
0
R-1A
Cleared, Level
Driving Directions
US 421 S. Leestown Rd - turn right on Duckers Station and Right on Nicklaus Dr. Prperty is at the end of Nicklaus Road
Financial Considerations
| 095-00-00-053.98 |
Listing Price History
Frankfort Real Estate
Frankfort is located in Kentucky. Frankfort, Kentucky 40601 has a population of 28,213.
The median household income in Frankfort, Kentucky 40601 is $58,482. The median household income for the surrounding county is $58,409 compared to the national median of $66,222. The median age of people living in Frankfort 40601 is 41 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/2/2024 | Active | $320,000 USD |
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