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    3012 Lexington Rd Nicholasville, KY 40356

    For Sale
    $2,650,000

    High-visibility 5.4-acre parcel near new Wawa.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 5.4-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing Nicholasville, KY market. Strategically located at the signalized intersection of Lexington Road and Vince Road, this property boasts unparalleled visibility and accessibility. Its proximity to a soon-to-open Wawa (scheduled for 2025) further enhances its desirability, guaranteeing high traffic flow and significant consumer presence. The property's location within a thriving commercial area, surrounded by diverse dining and shopping establishments, ensures a robust customer base for any business development. The expansive 5.4 acres offer ample space for a variety of commercial ventures, from retail establishments and restaurants to office buildings and other commercial uses. This prime location offers exceptional potential for significant return on investment, making it an ideal opportunity for discerning investors seeking a high-impact commercial property in a dynamic and rapidly expanding market. The property's convenient access from two major roadways ensures easy access for customers and employees alike. This is a rare opportunity to acquire a highly visible and strategically located commercial parcel in a prime Nicholasville location. Don't miss out on this exceptional investment opportunity.

    Property Features for 3012 Lexington Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    235,224 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Nail Salon Wholesale Shop Hotel & Motel Pharmacy Gym & Fitness Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Nicholasville
    County
    Jessamine
    State
    Kentucky
    Longitude
    -84.5483
    Latitude
    37.92938

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility 5.4-acre parcel near new Wawa.
    Where is this commercial real estate located?
    The property is located at 3012 Lexington Rd Nicholasville, KY.
    What is the asking price?
    The asking price for this property is $2,650,000.
    (859) 273-7389
    Request Owner's contact information
    3012 Lexington Rd Nicholasville, KY 40356
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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
    3012 Lexington Rd Nicholasville, KY 40356
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