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Winchester Retail Investment Opportunity
For Sale
$1,800,000

722 Colby Road, Winchester, KY 40391

LAND - Winchester, KY

Property SizeContact for details
Lot Size4.36 Acres
Days on Market162

Property Features for 722 Colby Road

General Information

Property type Land
Property subtype Other
Zoning description B-4
Subdivision Commercial
Directions Signalized corner of Colby Road and the Winchester Bypass, in a grocery-anchored retail corridor near downtown Winchester within the Lexington-Fayette MSA.
Standard status Active
APN 043-0000-010-00
Lot size 4.36 Acres
Listing Agency: CMI Properties
Listed By: Cheryl Moss Johnston · License #41670
Added: Mar 16 Changed: Apr 17 Last Checked: Aug 24 at 1:06AM
MLS# 26008233

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 4.36-acre property in Winchester, Kentucky, presents an exceptional opportunity for retail investment. Zoned B-4, the versatile land offers a wide array of possibilities for retail development, providing a strategic location for businesses seeking to establish a prominent presence. The property is located in the Winchester area, presenting a compelling prospect for retail investors looking to capitalize on the region's commercial potential.

Key Highlights

  • Zoned B‑4 for versatile retail development
  • Strategic location in the thriving Winchester area
  • Offers a wide array of possibilities for retail development

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Big Box & Wholesale Store Hair Salon

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

208
Businesses Nearby

Demographics for 40391, KY

36,461
Population
16,125
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
90%
High-School Grad
237.3 sq mi
ZIP Area
154
Density / Sq Mi
$67,910
Median Household Income
$40,323
Median Earnings
$884
Median Rent
$197,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Prime commercial land for retail development in Winchester, Kentucky.
Where is this commercial land located?
The property is located at 722 Colby Road Winchester, KY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Zoned B‑4 for versatile retail development; Strategic location in the thriving Winchester area; Offers a wide array of possibilities for retail development
More about this property
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