$50,000
 $268 est/mo Sourced by Back At You

0 Fairview Avenue,Franklin, KY 42134

Franklin, KY 42134

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Description

Live & online auction Aug 27 at 10AM CST. $50,000 is starting bid. Rare shovel-ready ±2.56 +/- acre tract in Franklin, KY, zoned R-3. Currently one lot with a full engineering and permitting package in place for a 20-unit, 5-building multifamily development that was never constructed - buyer inherits a major head start. Includes complete civil engineering plan set (site layout, grading/drainage, erosion control, utilities, landscape plan), engineering approval letter, active KPDES construction stormwater permit, executed Stormwater Management Inspection & Maintenance Agreement with the City of Franklin, and a filed development plan application. Not in a flood-prone area per FEMA. Dedicated waterline and ingress/egress easements benefit the lot. City water, sewer, electric, and gas available. Sold AS-IS, WHERE-IS. 10% Buyer's Premium due immediately following auction. Closing 30 days or less. All day-of-auction announcements take precedence over prior advertised material.

Details

MLS #RA20264673
Listing TypeFor Sale
Sub-TypeResale
StatusUnder Contract
Days On Site78
Listing Provided ByApex Realty, LLC | Bryan Ayers

Features

Acreage2.56

Exterior

Location FeaturesPrivate Street, None

Utilities

SewerCity
WaterCity

Area Information

StateKY
CountySimpson
CityFranklin
Zip Code42134
AreaSimpson County
SubareaSimpson County
Community NameMyrtle Cove
School DistrictFranklin Simpson
Elementary SchoolSimpson
High SchoolFranklin Simpson
Listing VS Median (in Myrtle Cove)
Price:
$50,000
low | high
Med:
$0
On site:
78
low | high
Med:
Sourced by Back At You

Market Activity 42134

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Learn More About This Property

StateKY
CountySimpson
CityFranklin
Zip Code42134
AreaSimpson County
SubareaSimpson County
Community NameMyrtle Cove
School DistrictFranklin Simpson
Elementary SchoolSimpson
High SchoolFranklin Simpson
Listing VS Median (in Myrtle Cove)
Price:
$50,000
low | high
Med:
$0
On site:
78
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $37K - $62K
sqft: 0 - 0
Listing Updated: September 28, 2026 at 6:43:06 PM PDT