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Commercial Land with Paved Lot
For Sale
$375,000

177 E New Circle Road, Lexington, KY 40505

LAND - Lexington, KY

Property SizeContact for details
Lot Size0.21 Acres
Days on Market30

Property Features for 177 E New Circle Road

General Information

Property type Land
Property subtype Other
Zoning B-3
Directions Located off E New Circle Rd
Subdivision 003 - Fayette County SE
Standard status Active
APN 26889200
Lot size 0.21 Acres
Listing Agency: True Line Real Estate
Listed By: Hunter Porter · License #223526
Added: Jul 15 Last Checked: Aug 13 at 8:06AM
MLS# 26018535

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land site offers paved lot improvements and B-3 zoning, suitable for a variety of commercial uses. The property is sized at approximately 0.212 acres and is currently leased on a month-to-month basis, with the tenant paying $1,000 per month.

Located at 177 E New Circle Road in Lexington, Kentucky 40505, the site’s configuration supports straightforward outdoor storage, parking, and service-oriented operations, with the flexibility of B-3 zoning for future redevelopment considerations.

Key Highlights

  • Flexible B‑3 zoning for a variety of commercial uses, including owner/user occupancy
  • Current MTM tenant paying $1,000 per month
  • Paved lot improvements included

Property Analytics

Current Use

New Circle Road ... Car Dealership Delicia y sabor ... Food Market Brakes 4 Less Auto Repair Shop Duff's Service Station Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Storage Facility Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby

Demographics for 40505, KY

26,278
Population
12,026
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,285
Density / Sq Mi
$58,922
Median Household Income
$33,517
Median Earnings
$914
Median Rent
$166,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with B-3 zoning and paved lot improvements, currently leased month-to-month.
Where is this commercial land located?
The property is located at 177 E New Circle Road Lexington, KY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Flexible B‑3 zoning for a variety of commercial uses, including owner/user occupancy; Current MTM tenant paying $1,000 per month; Paved lot improvements included
More about this property
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