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

    500 Bob-O-Link Dr Lexington, KY 40503

    Sponsored
    For Sale
    $195,000

    LAND - Lexington, KY

    Lot size:
    2.87 Acres
    Days on Market:
    102
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 500 Bob-O-Link Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1C
    APN
    21214700
    Lot size
    2.87 Acres

    Keller Williams Bluegrass Realty (859) 260-1444 [email protected]

    Listing agent Jane C Pappas (859) 260-1444

    Listing date Sep 26, 2025

    MLS# 25010087 Listing URL

    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.

    Overview

    Prime Land Near UK Campus

    This 2.86-acre property is located in Lexington, just blocks from the UK campus. The land includes a 30-car paved parking lot, which can be leased or sold for income. Permitted uses include parks and playgrounds, accessory dwelling units, swimming pools, tennis courts, agricultural uses, private non-commercial parks and open space, home offices, hiking trails, and short-term rentals. Conditional uses, which must be approved by planning and zoning, include home-based businesses, outdoor recreational facilities such as riding stables and campgrounds, or market gardens. Portions of the property are located within a flood plain; however, the current owner reports never having seen water on the land. Building a house in the flood plain or building multiple residences would require additional approval. Zoned R-1C, this land offers exceptional potential in a desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.525464
    Latitude
    38.030478

    Nearby Similar for Sale

    • $450,000
      Pending

      Downtown Lexington Business Condo

      Premium downtown business condo offering versatile and sophisticated space.
      300 E Main St, Lexington, KY 40507
      View Details
    • $999,000
      5,415 SF

      Mixed-Use Property in Downtown Lexington

      Mixed-use property with retail and residential units in Lexington.
      102 W High St, Lexington, KY 40507
      View Details
    • $648,900
      3,109 SF

      Historic Triplex in Woodward Heights

      Charming triplex near downtown Lexington with income potential.
      311 Madison Pl, Lexington, KY 40508
      View Details
    • $309,000
      1,967 SF

      Lexington Duplex on Double Lot

      Downtown Lexington duplex with income potential on a double lot.
      240 E Third St, Lexington, KY 40508
      View Details
    • $425,000
      Pending

      Arcadia Park Duplex Investment

      Well-located Lexington duplex with renovation potential near key amenities.
      308 Arcadia Park, Lexington, KY 40503
      View Details
    • $842,500
      5,000 SF

      Well-Maintained Lexington Quadplex For Sale

      Four identical units, low expenses, strong investment potential.
      2860 Ryan Cir, Lexington, KY 40509
      View Details
    • $429,500
      3,068 SF

      Renovated Duplex: Turnkey Investment

      Updated duplex with modern finishes, strong investment potential.
      1999 Fair Oaks Dr, Lexington, KY 40504
      View Details
    • $299,900
      Pending

      All Brick Duplex with Parking

      All brick duplex with ample parking and endless possibilities.
      537-539 Anniston Dr, Lexington, KY 40505
      View Details
    • $750,000
      2,580 SF

      Ashland Park Duplex For Sale

      Charming duplex in Ashland Park, Lexington, with hardwood floors.
      110-112 S Hanover Ave, Lexington, KY 40502
      View Details
    • $749,900
      Pending

      Profitable Restaurant Franchise Opportunity

      Wing Zone franchise for sale with equipment included.
      351 Southland Dr, Lexington, KY 40503
      View Details
    • $325,000
      972 SF

      Premium Office Condo on Man O'War

      Turnkey office condo with visibility on Man O' War Boulevard.
      525 Darby Creek Rd, Lexington, KY 40509
      View Details
    • $1,000,000
      1,407 SF

      Versatile Lexington Property with Shop

      2-acre Lexington property featuring shop, apartment, and single-family home.
      2245/2251 N Yarnallton Pike, Lexington, KY 40511
      View Details

    FAQs

    What type of property is this?
    Land - 2.86 acres of versatile land in the heart of Lexington.
    Where is this land located?
    The property is located at 500 Bob-O-Link Dr Lexington, KY.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - Prime 2.86-acre land in Lexington, near UK campus.; - Includes a 30-car paved parking lot for potential income.; - Permitted uses include accessory dwelling units, swimming pools, tennis courts, and short-term rentals.
    (859) 361-2779
    Request Owner's contact information
    500 Bob-O-Link Dr Lexington, KY 40503
    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.
    500 Bob-O-Link Dr
    Lexington, KY 40503
    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
    500 Bob-O-Link Dr Lexington, KY 40503
    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.