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    Lexington, KY Land for Sale

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    107 properties
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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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    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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    Lexington Land with Water View
    Lexington Land with Water View

    4540 Wilson Lake Lane, Lexington, KY 40516

    $389,000
    10.00 AC lot

    Prestigious 10-acre homesite with lake views in gated community.

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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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    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, 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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    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

    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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    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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    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 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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    Residential Development Land Opportunity
    Residential Development Land Opportunity

    3450 Leestown Road, Lexington, KY 40511

    $100,000
    0.76 AC lot

    Buildable 0.76-acre lot zoned R-1C near Masterson Station, with development options to be confirmed with county planning.

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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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    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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    Industrial Land For Sale
    Industrial Land For Sale

    650 Setzer Way, Lexington, KY 40508

    $659,000
    2.02 AC lot

    2.024 acre industrial land parcel zoned I-1.

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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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    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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    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 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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    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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    Lexington, KY Land Market Trends and Statistics

    Explore 107 land for sale in Lexington, KY, showcased through 107 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 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 43
    Residential land & home lots 17
    Industrial land 5
    Recreation land 3
    Agricultural land / Farmland 2

    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
    40516 $345.5K
    40515 $364.9K
    40511 $653.1K
    40504 $742.5K

    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

    • 40511
    • 40505
    • 40508
    • 40509
    • 40516
    • 40515
    • 40503
    • 40504
    • 40502

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