Former middle school property sells for $400,000
A vacant 1.4-acre lot at the corner of Maple and Lexington streets, formerly occupied by Woodford County Middle School, was sold at auction for $400,000 Jan. 31. The property at 101 Maple Street, zoned B-1 neighborhood business, was purchased by NORBMAC, LLC (Tim Cambron). Cambron, who co-owns Ruggles Sign Company in Versailles, said he has no concrete plans for the corner lot. “It could be a year or two before I do anything with it,” he said. Cambron said he has some ideas about what might work at the location, but he didn’t want to go into details about what could happen there. “I’m just going to explore some options,” he said. “I just thought it was a good location …,” he added. The lot sold to NORBMAC is one of several lots in what is now known as Equestrian Park. A Biggby Coffee is planned and an Edward Jones office is now located in the commercial development. The Woodford County Board of Education sold the WCMS (Equestrian Park) property, an 11.92-acre lot where the school building, gymnasium, parking lots and athletic fields were located, to local developer Matt Matthews in September 2006 for $1,530,500. Matthews told the Sun after acquiring the property that he saw a lot of potential for a mixed-use development. His plans also included an adaptive reuse of the old WCMS building. The property and an adjacent lot at 302 Laval Heights were sold to Kentucky Bank’s special assets unit for $1.3 million in May 2011 to recoup an unpaid debt from Equestrian Park, Inc. (Matthews, president). The WCMS building (constructed in 1928 and occupied by Versailles High School before becoming a junior high school) was razed in December 2017, and the future of the now-vacant lot at the corner of Maple and Lexington streets was uncertain.