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Planned Development Commercial Land
For Sale
$700,000

1496 Martin Luther King Jr Drive, Winchester, KY 40391

Commercial Sale, Winchester, KY

Property SizeContact for details
Lot Size3.12 Acres
Days on Market336

Property Features for 1496 Martin Luther King Jr Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Planned Development
Subdivision Commercial
Directions From the Bypass, drive .2 miles up Martin Luther King Jr Drive. Subject will be on the left, adjoining Dairy Queen.
Standard status Active
APN 042-2010-001-00
Lot size 3.12 Acres
Listing Agency: Steven D Adams Real Estate Services, LLC
Listed By: Steven D Adams
Added: Nov 3, 2025 Changed: Oct 2 Last Checked: Oct 5 at 4:06AM
MLS# 25505199

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 3.12-acre commercial land parcel at 1496 Martin Luther King Jr Drive provides a sizable site for development under PD, planned development zoning. The property is identified for commercial use and offers land rather than an existing building, with no building area reported.

The parcel is positioned near the Bypass, multiple area schools, a hospital, Interstate 64, and the Bert T. Combs Mountain Parkway. Its Winchester, Kentucky location places several regional road connections and community facilities within the surrounding area.

Key Highlights

  • 3.12‑acre commercial land parcel
  • PD, planned development zoning
  • Near the Bypass, Interstate 64, and Bert T. Combs Mountain Parkway

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Parking Lot & Garage

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

472
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
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Frequently Asked Questions

What type of property is this?
Commercial land - PD-zoned commercial land near major regional routes, schools, and a hospital.
Where is this commercial land located?
The property is located at 1496 Martin Luther King Jr Drive Winchester, KY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 3.12‑acre commercial land parcel; PD, planned development zoning; Near the Bypass, Interstate 64, and Bert T. Combs Mountain Parkway
More about this property
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