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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.
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    Prime Commercial Corner Lot Available
    Updated: Feb 28
    Prime Commercial Corner Lot Available

    1209 Winchester Road, Lexington, KY 40505

    $949,900
    0.40 AC lot
    High‑visibility corner lot with approximately 150 feet of frontage on Winchester Road.
    Previously approved Conditional Use Permit for a drive‑through.
    Excellent access to New Circle Road and I‑75.
    Level, rectangular configuration (approximately 150' * 125') allowing for efficient site design.
    Located in a dense in‑town trade area with strong surrounding residential and established retailers.
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    B-1 Zoned Drive-Through Land
    B-1 Zoned Drive-Through Land

    1209 Winchester Road, Lexington, KY 40505

    $949,900
    0.40 AC lot

    Approximately 0.40-acre B-1 zoned site with a drive-through Conditional Use Permit and about 150 feet of road frontage.

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    Redevelopment Retail Building and Land
    Redevelopment Retail Building and Land

    671 N BROADWAY, Lexington, KY 40508

    $1,270,000
    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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    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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    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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    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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    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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    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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    Commercial Land Parcel with Road Access
    Commercial Land Parcel with Road Access

    1508 Versailles Road, Lexington, KY 40504

    $450,000
    3,400 sqft 0.43 AC lot

    Vacant land on Versailles Road offers a flexible site for retail, office, or service uses and 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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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    2275 N Broadway, Lexington, KY 40505

    $375,000
    2.91 AC lot

    2.90-acre commercial parcel with high visibility and easy access.

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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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    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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    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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    Two Lots in NoLi Corridor
    Two Lots in NoLi Corridor

    736 N Limestone, Lexington, KY 40508

    $247,500
    0.05 AC lot

    Two adjacent vacant lots in Lexington's up-and-coming NoLi corridor.

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    Prime Retail Land with Income
    Prime Retail Land with Income

    1951 N Broadway, Lexington, KY 40505

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

    1.3 acres of retail land near downtown Lexington.

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    Retail/Office Land Site
    Retail/Office Land Site

    2313 Remington Way, Lexington, KY 40511

    Contact for pricing
    1.76 AC lot

    Lot 3 offers up to 1.76 acres and is zoned B-6P for a planned retail shopping center or professional office use.

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    Lexington Commercial Corner Lot
    Lexington Commercial Corner Lot

    686 Montgomery Avenue, Lexington, KY 40505

    $900,000
    5,095 sqft 0.11 AC lot

    Corner lot with expansion potential in Lexington, Kentucky.

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    Lexington Development Opportunity For Sale
    Lexington Development Opportunity For Sale

    2409 Merchant St, Lexington, KY 40511

    $900,000
    1.50 AC lot

    1.5-acre P-1 zoned land with high visibility and accessibility.

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    Distillery District Redevelopment Opportunity
    Distillery District Redevelopment Opportunity

    1170 Manchester Street, Lexington, KY 40508

    $15,500,000
    200,000 sqft 7.00 AC lot

    Commercial property in Lexington's Distillery District with redevelopment potential.

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    Lexington Development Land For Sale
    Lexington Development Land For Sale

    2395 & 2415 Liberty Rd, Lexington, KY 40509

    $4,307,700

    Approximately 17.3 acres of development land for sale in Lexington.

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    Corner Retail Development Lot
    Corner Retail Development Lot

    1410 Bryan Avenue, Lexington, KY 40505

    $70,000
    0.16 AC lot

    Corner commercial lot zoned B-1 at the intersection of Bryan Avenue and Shawnee, with the original building demo’d.

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    Lexington, KY Commercial Land Market Trends and Statistics

    Explore 72 commercial land for sale in Lexington, KY, showcased through 38 active listings on our real estate platform. These investment opportunities span a total of 217,819 square feet of properties for sale, with an estimated market value of $21,495,000.

    Sale prices for commercial lots in Lexington, KY start at $450,000, averaging $3,070,714, and reaching up to $15,500,000 — 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 51
    Residential land & home lots 17
    Industrial land 5
    Agricultural land / Farmland 3
    Recreation land 3

    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 $330.3K
    40515 $447.5K
    40504 $742.5K
    40505 $958.9K
    40511 $1.4M

    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)

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    Most Searched ZIP Codes in Lexington, KY

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

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