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    3561 Colt Neck Ln Lexington, KY 40502

    For Sale
    $649,000

    LAND - Lexington, KY

    Lot size:
    0.91 Acres
    Days on Market:
    73
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 3561 Colt Neck Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    38303480
    Lot size
    0.91 Acres

    Block + Lot Real Estate 3090099

    Listing agent Adam Boardman (859) 309-0099

    Listing date Sep 26, 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

    Residential Lot in Lexington, KY

    Located in Lexington, Kentucky, 3561 Coltneck Ln. is a residential lot suitable for building a home. The property, situated inside of New Circle Rd. in the 40502 area, offers convenient access to New Circle Rd, the University of Kentucky, parks, and shopping. The lot is 0.91 acres and provides a view of Lake Hickman.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Nail Salon Clothing Store Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.476134
    Latitude
    37.999397

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in Lexington near the University of Kentucky.
    Where is this residential land & home lot located?
    The property is located at 3561 Colt Neck Ln Lexington, KY.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - Prime residential lot in highly sought-after 40502 zip code.; - Rare opportunity to build a custom home.; - Convenient location inside New Circle Rd., near the University of Kentucky.
    (859) 309-0099
    Request Owner's contact information
    3561 Colt Neck Ln Lexington, KY 40502
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    Lexington, KY 40502
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    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
    3561 Colt Neck Ln Lexington, KY 40502
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