Commercial/Farm Property-Heart of the Bluegrass-Stanford, KY

For sale approximately 72 (more or less) acres of Commercial/Farm property (Zoned I-1) in Lincoln County, Kentucky, near Stanford (County Seat). This is undeveloped property perfect for the nature lover! Land has 2 small ponds, a creek running through it. Aprox. 2/3 cleared acreage with some small trees and standing timber. Beautiful potential building site for log cabin, horse or livestock operation. Land is fenced on three sides and will include an unimproved right-of-way easement for access from county road. See pictures below. Property is located in Lincoln County, Kentucky near Stanford the County Seat. Land is in south central Kentucky in the Heart of the Bluegrass State! Property is 5 minutes from Historic Stanford, Kentucky's Second Oldest Settlement, est. 1775. Property is just off the historic Wilderness Road, which leads to downtown Stanford. Property is 5 minutes from beautiful Cedar Creek Lake, which is widely known for some of the best small-mouth bass fishing in the Commonwealth. Also, 5 minutes from Dix River Country Club and 18-hole golf course and swimming pool. 5 minutes from Sportsman's Club and shooting range. Also, 10 minutes from Stuart Powell Field-A modern regional airport. Some of the surrounding Cities include Danville, KY (10 min)-Home of Centre College (Rated one of the top small colleges in the nation) and Harrington Lake. Somerset, KY (30 min.) and beautiful Lake Cumberland, Lexington, KY (45 min), the "Horse Capital of the World." There are many beautiful horse farms in the area as well as horse shows. Some receational facilities that are near this property include Logan-Hubble Park, First Southern Veteran's Park, and also historic William Whitley State Park. All these are just minutes away from the property for sale. Upon completion of new highway US 150, property will be appox. 15 minutes from I-75. Give us a call and bid to own this property. Sealed Bids for this property will be taken through September 30, 2011 and should be submitted to the Industrial Authority. See details on bidding below in Legal Ad. To schedule a time to view the property call 859-797-1287 859-797-1287 or 859-326-0109 859-326-0109 (day or night) Legal Ad: The Stanford-Lincoln County Industrial Authority will be accepting sealed bids for the purchase of real property located in the new Lincoln County Business Park, along US Hwy. 150 East and Rt. 1770 in Lincoln County, Kentucky. Parcel consists of 72 acres (more or less) by survey and is currently undeveloped industrial property with some cleared areas, a stream, and some standing timber. Parcel is surrounded by farm property and growing industrial park. The property is currently zoned L-1 (Light Industrial). Purchaser will be responsible for any necessary rezoning if desired. An unimproved 50 ft. right-of-way easement will be given off Tech Way (existing road through the industrial park). A plat and property description of the right-of-way easement can be obtained by contacting Matt Belcher at the Industrial Authority office, located at 201 E. Main St., Suite #1, Stanford, KY 40484 or by calling 606-365-4555 606-365-4555 . Sealed bids will be accepted through the bid opening date of Friday, September 30, 2011 at 3:00 P.M. Sealed bids must be submitted to the Stanford-Lincoln County Industrial Authority, 201 East Main Street, Suite #1, Stanford, Kentucky 40484 by the bid opening date. All bids must be in a sealed envelope and labeled "Surplus Property Sale." There is a Minimum bid of $110,000 set for this property and only bids achieving that amount will be considered. Any bids under the minimum amount will be rejected. However, the Stanford-Lincoln County Industrial Authority reserves the right to reject any and all bids. Prior to taking possession of the property, any and all taxes, filing fees, inspections, or any other costs associated with the transfer of this real property will be paid by the winning bidder. Property will not be transferred until full payment is made to the Industrial Authority and any/all fees are paid. For general questions about this property sale or to schedule an appointment to view the property, you may contact Matt Belcher with the Industrial Authority at (606) 365-4555 M-F 8-5 or (859) 797-1287 (859) 797-1287 anytime.