Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    205 Codella Dr Winchester, KY 40391

    For Sale
    $650,000

    LAND - Winchester, KY

    Lot size:
    3.00 Acres
    Days on Market:
    87
    Last Refresh:
    Dec 7 at 7:06 pm

    Property Features for 205 Codella Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    043-0000-019-04
    Lot size
    3.00 Acres

    Utilities

    Utilities
    Water Available

    Block + Lot Real Estate 3090099

    Listing agent Gregory Leveridge (859) 309-0099

    Listing date Sep 12, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land Near Winchester Bypass

    This 3-acre land parcel presents a development opportunity just off the Winchester Bypass, Kentucky. The property is situated amid new commercial developments, including a CHI Saint Joseph Health Center, Zips Car Wash, and Domino's Pizza. Walmart and Kroger are located directly across the Bypass from the site. Conceptual development plans are available to illustrate how a standard-sized, free-standing, sit-down restaurant could be accommodated on the lot. The property is surrounded by area retail and could be paired with the offering at 145 Codella Dr. The intended use of the property is for commercial development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Clark
    State
    Kentucky
    Longitude
    -84.207476
    Latitude
    37.989774

    Nearby Similar for Sale

    • $525,000
      5,094 SF

      Mixed-Use Property in Winchester, KY

      Versatile property with commercial space and residential income potential.
      808 Bypass Rd, Winchester, KY 40391
      View Details
    • $1,799,900
      20,252 SF

      Winchester Industrial Facility For Sale

      20,252 sqft industrial warehouse with highway access and racking.
      599 Blt Way, Winchester, KY 40391
      View Details
    • $375,000
      Pending

      Winchester Four-Plex Investment Opportunity

      Four 2-bedroom units near College Park, Winchester, KY.
      23 1/2 Wheeler Ave, Winchester, KY 40391
      View Details
    • New
      $531,000
      5,012 SF

      Turnkey Waterfront Restaurant with Apartment

      Renovated restaurant with indoor-outdoor dining and spacious upstairs apartment.
      220 Athens Boonsboro Rd, Winchester, KY 40391
      View Details
    • $439,900
      2,269 SF

      Income-Producing Property Near Downtown Winchester

      Income opportunity: salon with apartment in prime location near downtown.
      1125 W Lexington Ave, Winchester, KY 40391
      View Details
    • $1,595,000
      26,124 SF

      Historical Landmark Multifamily and Office

      Downtown Winchester investment property with multifamily and office income potential.
      2 N Main St, Winchester, KY 40391
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land available near Winchester Bypass amidst new commercial development.
    Where is this commercial land located?
    The property is located at 205 Codella Dr Winchester, KY.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Located near Winchester Bypass with high traffic and visibility.; - Surrounded by new development, including a state-of-the-art CHI Saint Joseph Health Center.; - Close proximity to Walmart and Kroger.
    (859) 309-0099
    Request Owner's contact information
    205 Codella Dr Winchester, KY 40391
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    205 Codella Dr
    Winchester, KY 40391
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205 Codella Dr Winchester, KY 40391
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.