12960 W Highway 80 Nancy, KY, 42544
$ 1,400,000Bedrooms Baths0.0
for $1,400,000. The lot size is 16.18 Acre(s).
Unlimited Potential! The Cumberland Parkway and future I-66 is a major Kentucky Thoroughfare helping to connect interstates 65 and 75. Currently, once you're past Somerset there is no place to stop for gas, food or lodging until Russell Springs nearly 30 miles away! The Nancy exit has always been a very busy interchange, but has never been properly developed! Until now! This prime location at exit 78 is almost equal distance to both the Somerset and Russell Springs areas! Making this ideal for a variety of businesses that depend on traffic. The Cumberland Parkway is also the western entrance for tourists many of which take this exit for several marinas and boat ramps. This property is ideal for a large truck stop, chain motels, restaurants and discount stores. There are 16 acres that have been divided into 13 1 acre tracts and will have a road encircling the property. Can be sold separately. Lots 2-13 can be purchased for $160, 000 each. Lot #1 would be $180, 000. This is a goldmine!
Miscellaneous* Excluded Features
Utilities Electric Water Available
List By Steven R Dowell
Realty World Dowell & Associates
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Commerical listings in Nancy, KY
Average List Price $870,000
Percent of Sale Price 38 %
About Nancy, KY
2 % Since 2002
$ 36,506 Median Income
47.23 Median Age
24 % Households with Children