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148 Acres Planned Development Land
For Sale
$1,200,000

1395 Two Mile Road, Winchester, KY 40391

148 acres of land zoned for planned development.

Property SizeContact for details
Lot Size148.00 Acres
Days on Market1080

Property Features for 1395 Two Mile Road

General Information

Standard status Active
Lot size 148.00 Acres
Property subtype Lots/Land
Listing Agency: Tom Goebel & Company
Listed By: Garnett H Davis · License #203610
Source: Exitrealty
Added: Sep 28, 2023 Changed: Sep 11 Last Checked: Sep 11 at 5:00AM

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 Tom Goebel & Company

Investment Insights

Based on property information with market context.

This property features 148 acres zoned for planned development. It includes 103 acres designated for commercial or business use, with frontage on a proposed bypass extension. Additionally, there is a 21-acre tract that backs up to Winchester Country Club, intended for residential use, and a 24-acre tract suitable for residential or multifamily use. The two smaller tracts have access to gravity flow sewer, and sewer maps are available.

Key Highlights

  • 148 acres zoned planned development offering diverse possibilities.
  • 103 acres designated for commercial/business use with frontage on proposed bypass extension - ideal for high‑visibility ventures.**
  • 21‑acre tract backs up to Winchester Country Club, perfect for residential development.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Restaurant Law Firm Big Box & Wholesale Store Dental Office Hair Salon Spa & Massage Center

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

28
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 148 acres of land zoned for planned development.
Where is this commercial land located?
The property is located at 1395 Two Mile Road Winchester, KY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 148 acres zoned planned development offering diverse possibilities.; 103 acres designated for commercial/business use with frontage on proposed bypass extension - ideal for high‑visibility ventures.**; 21‑acre tract backs up to Winchester Country Club, perfect for residential development.
More about this property
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