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    568 Maryland Ave Lexington, KY 40508

    For Sale
    $50,000

    LAND - Lexington, KY

    Lot size:
    0.04 Acres
    Days on Market:
    49
    Last Refresh:
    Dec 15 at 7:06 am

    Property Features for 568 Maryland Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    APN
    16745000
    Lot size
    0.04 Acres

    The Brokerage (859) 983-5870 [email protected]

    Listing agent Kathy G Martin (859) 629-1182

    Listing date Oct 28, 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

    Lexington Land Near Downtown

    This residential lot is located within walking distance of the Jefferson Street Corridor, the new Gatton Park, and various downtown Lexington attractions, including the Entertainment District and Rupp Arena. Its location offers convenient access to the University of Kentucky, Transylvania University, and I-64/75, facilitating commutes to the airport and other destinations. The lot presents an opportunity for constructing a custom home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.50206
    Latitude
    38.056342

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot near downtown Lexington, close to amenities and universities.
    Where is this residential land & home lot located?
    The property is located at 568 Maryland Ave Lexington, KY.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Prime location within walking distance to Jefferson St. Corridor and the new Gatton Park.; - Close proximity to downtown Lexington's Entertainment District and Rupp Arena.; - Convenient access to the University of Kentucky (UK) and Transylvania University.
    (859) 629-1182
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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
    568 Maryland Ave Lexington, KY 40508
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