Prime Commercial Land
For Sale
$4,325,000
1068 Aspiration Drive, Lexington, KY 40511
High-visibility commercial land suitable for diverse development projects.
Property Size502,480 SF
Lot Size21.68 Acres
Price / SF$8.61
Days on Market1037
Property Features for 1068 Aspiration Drive
General Information
Standard status
Active
Size
502,480 SF
Lot size
21.68 Acres
Property subtype
Land
Zoning
ED
Listing Agency:
Schrader Commercial Properties, LLC
Listed By:
James Schrader · License #41930
(859) 288-5008
Source:
Kcrea.resimplifi
Added: Dec 5, 2023
Changed: Sep 23
Last Checked: Oct 7 at 8:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Schrader Commercial Properties, LLC
Investment Insights
Based on property information with market context.
This 21.68-acre commercial vacant land offers a high-visibility location with convenient access to I-75 and I-64, facilitating travel to Louisville, Cincinnati, and Frankfort. Zoned ED – Economic Development, the property is suitable for the development of office buildings, medical and dental offices, computer and data processing centers, research and development and testing laboratories, colleges, universities, schools, and regional medical campuses. The property is located in the Russell Cave neighborhood. The location benefits from high traffic counts, with I-75/64 recording 98,576 vehicles. The property can be divided into multiple lots, offering flexibility for various development plans.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 40511, KY
36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - High-visibility commercial land suitable for diverse development projects.
Where is this commercial land located?
The property is located at 1068 Aspiration Drive Lexington, KY.
What is the asking price?
The asking price for this property is $4,325,000.
