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    Lexington, KY
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    Lexington, KY Commercial Land for Sale

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    Prime Corner Lot on Southland
    Updated: Mar 11
    Prime Corner Lot on Southland

    216 Southland Drive, Lexington, KY 40503

    $750,000
    0.58 AC lot
    High traffic count on Southland Drive (13,200 vehicles per day) and strategic location connecting Nicholasville Rd and Harrodsburg Rd.
    Corner lot, shovel‑ready with utilities in place and no demolition needed.
    Flexible B‑1 zoning suitable for a variety of professional retail and office uses.
    Easy access from major thoroughfares and 3 existing points of access.
    Located in a vibrant, pedestrian‑friendly business district with nearby shops, restaurants, and services.
    View details
    B-1 Commercial Land with Drive-Through Approval
    Updated: Feb 28
    B-1 Commercial Land with Drive-Through Approval

    1209 Winchester Road, Lexington, KY 40505

    $919,900
    0.40 AC lot
    Approximately 0.40‑acre B‑1‑zoned commercial land site
    Approximately 150 feet of frontage along Winchester Road
    Additional +/-125 feet of corner exposure
    Previously approved drive‑through Conditional Use Permit: PLN‑BOA‑23‑00006
    Traffic counts of +/-32,000 vehicles per day
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    Commercial Corner Lot
    Commercial Corner Lot

    1209 Winchester Road, Lexington, KY 40505

    $919,900
    0.40 AC lot

    Level corner site with a previously approved drive-through Conditional Use Permit.

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    See what stands out in Fayette County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Freestanding Retail Car Wash Site
    Freestanding Retail Car Wash Site

    2097 Harrodsburg Rd, Lexington, KY 40504

    $1,035,000
    528 sqft 0.69 AC lot

    Freestanding building on Harrodsburg Road with strong traffic exposure and flexible B6-P zoning for multiple retail/auto uses.

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    Commercial Land with Paved Lot
    Commercial Land with Paved Lot

    177 E New Circle Road, Lexington, KY 40505

    $375,000
    0.21 AC lot

    Commercial land with B-3 zoning and paved lot improvements, currently leased month-to-month.

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    Eastland Shopping Center Outlot
    Eastland Shopping Center Outlot

    1311 Winchester Road, Lexington, KY 40505

    $1,100,000
    1.01 AC lot

    Prime commercial land in established shopping center facing Winchester Rd.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Prime Retail/Restaurant Outlot Opportunity
    Prime Retail/Restaurant Outlot Opportunity

    2887 Richmond Road, Lexington, KY 40509

    $100,000
    1.30 AC lot

    1.3-acre outlot ideal for retail or restaurant with high visibility.

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    Commercial Land Near Planned Shopping Center
    Commercial Land Near Planned Shopping Center

    3154 Mapleleaf Dr, Lexington, KY 40509

    $720,000
    66,647 sqft

    Vacant B-6P-zoned tract positioned near the planned shopping center area.

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    Lexington, KY Land For Sale
    Lexington, KY Land For Sale

    650 Setzer Way lot: 7A, Lexington, KY 40508

    $695,000
    2.14 AC lot

    2.139 acre commercial land available in Lexington, Kentucky.

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    Lexington Land For Sale
    Lexington Land For Sale

    650 Setzer Way, Lexington, KY 40508

    $659,000
    2.02 AC lot

    2.024 acre commercial land available in Lexington, Kentucky.

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    Corner Commercial Land with Building
    Corner Commercial Land with Building

    669 N Broadway, Lexington, KY 40508

    $1,270,000
    3,596 sqft

    Three parcels offer corner access, an existing building, and B-1 zoning for commercial redevelopment.

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    Lexington Land For Sale
    Lexington Land For Sale

    4021 Talon Way, Lexington, KY 40515

    $500,000
    10.44 AC lot

    Commercial land available in Lexington, Kentucky.

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    Lexington Land for Ground Lease
    Lexington Land for Ground Lease

    5540 Athens Boonesboro Road, Lexington, KY 40509

    $138,000
    1.38 AC lot

    1.38 acres of land available for ground lease.

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    Commercial Land Parcel with Dual Exposure
    Commercial Land Parcel with Dual Exposure

    601 Adcolor Dr, Lexington, KY 40511

    $725,000
    1.82 AC lot

    Flat, graded, development-ready land at a signalized intersection with heavy traffic along two major corridors.

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    Lexington, KY Land For Sale
    Lexington, KY Land For Sale

    4001 Talon Way, Lexington, KY 40515

    $395,000
    10.04 AC lot

    10.04 acre commercial land for sale in Lexington, KY.

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    Commercial Land With Existing Restaurant
    Commercial Land With Existing Restaurant

    1951 N Broadway, Lexington, KY 40505

    $1,170,000
    2,600 sqft 1.30 AC lot

    Flat commercial site with an operating restaurant building, existing tenancies, and convenient access to major Lexington routes.

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    Office Building Development Site
    Office Building Development Site

    366-368 Waller Ave, Lexington, KY 40504

    $3,500,000
    26,260 sqft 2.37 AC lot

    Office property offering substantial land area, P-1 zoning, and access from Nicholasville and Harrodsburg roads.

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    Redevelopment Retail Building and Land
    Redevelopment Retail Building and Land

    671 N BROADWAY, Lexington, KY 40508

    Contact for pricing
    3,596 sqft 0.58 AC lot

    B-1 zoned retail/mixed-use structure with redevelopment upside on a hard-corner, three-parcel land assemblage.

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    10.92 Acres Commercial Land
    10.92 Acres Commercial Land

    501 Park Place, Lexington, KY 40511

    $1,596,000
    10.92 AC lot

    10.92± acres of commercial land ideal for retail, office.

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    Commercial Development Lot
    Commercial Development Lot

    568 East New Circle, Lexington, KY 40505

    $1,300,000

    B-3-zoned commercial land with median-cut access serving both directions of East New Circle Road.

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    Corner Commercial Land
    Corner Commercial Land

    216 Southland Dr, Lexington, KY 40503

    $750,000

    B-1 zoning, existing utilities, and multiple access points support commercial development.

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    Commercial Land with Natural Buffers
    Commercial Land with Natural Buffers

    2821 Winchester Rd, Lexington, KY 40509

    $1,950,000

    A-R-zoned commercial land with a cleared central area and tree buffers along the perimeter.

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    Commercial Outlot with Road Frontage
    Commercial Outlot with Road Frontage

    1311 Winchester Rd, Lexington, KY 40505

    $1,100,000

    B-1-zoned commercial land with Winchester Road frontage and crossover parking available on site.

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    Retail Outlot Commercial Land
    Retail Outlot Commercial Land

    4255 Saron Dr, Lexington, KY 40515

    $120,000

    Ground lease or build-to-suit opportunity within an established retail and residential corridor.

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    Lexington, KY Commercial Land Market Trends and Statistics

    Explore 72 commercial land for sale in Lexington, KY, showcased through 56 active listings on our real estate platform. These investment opportunities span a total of 3,551,705 square feet of properties for sale, with an estimated market value of $34,070,500.

    Sale prices for commercial lots in Lexington, KY start at $100,000, averaging $1,135,683, and reaching up to $4,307,700 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 78
    Residential land & home lots 29
    Industrial land 20
    Agricultural land / Farmland 15
    Waterfront Land 6

    Demographics Overview

    Population 322K
    Population Growth (5Y) +1.0%
    Median Household Income $71,202
    College Educated 25.6%

    High-Yield Neighborhoods for Investment

    Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40503 $512.5K
    40505 $851.4K
    40508 $874.7K
    40511 $1M
    40515 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.22%
    Property Tax per SF $11.25 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Fayette County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Fayette County

    Retail

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    Popular Searches in Lexington, KY

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    Most Searched ZIP Codes in Lexington, KY

    • 40505
    • 40511
    • 40508
    • 40503
    • 40509
    • 40515
    • 40504
    • 40507
    • 40513

    Featured Lexington Real Estate Agencies

    Realmo connects you with licensed Lexington CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Commonwealth
    1908 Bryant Rd, Suite 250 Lexington, KY 40509
    Phone: 18597212121
    www.kwcommonwealth.com
    United Real Estate Lexington KY
    444 Lewis Hargett Circle, Ste. 180 Lexington, KY 40503
    Phone: 18593966706
    www,unitedrealestatelexingtonky.com

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