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Lexington, KY 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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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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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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Waterfront Recreation Land Tract
Waterfront Recreation Land Tract

5072 Newtown Pike, Lexington, KY 40511

$400,000
7.37 AC lot

Flat, waterfront acreage with creek access, a small storage metal building, and house needing TLC in AG zoning.

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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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Rare Lexington Acreage Opportunity
Rare Lexington Acreage Opportunity

1440 Deer Haven Lane, Lexington, KY 40509

$695,000
1.00 AC lot

One-acre Lexington property near Hamburg's shopping, dining, and conveniences.

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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 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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Corner Residential Building Lot
Corner Residential Building Lot

256 Jane Briggs Avenue, Lexington, KY 40509

$250,000
0.23 AC lot

Level corner lot in a residential subdivision with a poured foundation and mostly completed concrete work.

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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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Industrial Land with Improvements
Industrial Land with Improvements

331-341 Henry St, Lexington, KY 40508

$995,000
10,496 sqft

I-1-zoned property includes office, warehouse, basement, and grain-processing improvements.

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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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Farm with Historic Log Home
Farm with Historic Log Home

4010 NE Haley Rd, Lexington, KY 40510

$1,750,000
1,600 sqft

Restored log residence with barns, animal facilities, and on-site water and electric service.

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

2821 Winchester Road, Lexington, KY 40509

$1,950,000
10.00 AC lot

10 acre land parcel available in Lexington, Kentucky.

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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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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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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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Secluded Wooded Recreational Lot
Secluded Wooded Recreational Lot

5050 Dry Branch Road, Lexington, KY 40515

$199,500
10.00 AC lot

10-acre wooded lot with city water access, blacktop county road frontage, and right-of-way access to the Kentucky River.

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Lexington, KY Land Market Trends and Statistics

Explore 167 land for sale in Lexington, KY, showcased through 167 active listings on our real estate platform. These investment opportunities span a total of 21,078,925 square feet of properties for sale, with an estimated market value of $85,269,697.

Sale prices for lots in Lexington, KY start at $39,900, averaging $698,931, and reaching up to $10,500,000 — 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 77
Residential land & home lots 29
Industrial land 20
Agricultural land / Farmland 14
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
40513 $350K
40511 $382.1K
40503 $424.7K
40516 $510.2K
40508 $542.7K

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

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