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Pad-Ready Corner Commercial Land
For Sale
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1540 Eastland Pkwy, Lexington, KY 40505

Pad-ready lots are available on a corner site with zoning for a wide range of commercial uses.

Property SizeContact for details
Lot Size2.79 Acres
Days on Market122

Property Features for 1540 Eastland Pkwy

General Information

Standard status Active
Lot size 2.79 Acres
Property subtype Land
Zoning B-3

Site & Location

Traffic Count 43,969 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: SVN | Stone Commercial Real Estate
Listed By: Nathan Dilly · License #KY 76902
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 4:52AM

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 SVN | Stone Commercial Real Estate

Investment Insights

Based on property information with market context.

Pad-ready commercial lots totaling approximately 0.56 to 2.79 acres are available for sale, lease, or build-to-suit. The site can be subdivided into smaller lots of approximately 0.56 to 2.49 acres based on the provided site layout, with options for the current owner to sell, land lease, or consider build-to-suit development.

The property is located at the corner of New Circle and Winchester Road and is described as having excellent visibility. It is zoned B-3 Business Highway, which allows a variety of uses, and sits near a newly constructed Infiniti dealership and Bypass Rentals. Traffic counts are 43,969 VPD on New Circle Rd. and 31,744 VPD on Winchester Rd., and the site is noted as minutes from Frederick Douglas High School.

For buyers and tenants looking for flexibility, the offering supports multiple lot configurations and development approaches under the existing zoning framework.

Key Highlights

  • Corner pad‑ready lots for sale or lease: 0.56 to 2.79 acres
  • Zoned B‑3 Business Highway, allowing uses including retail, restaurants, hotel, car washes, and gas stations
  • Traffic counts of 43,969 VPD on New Circle Rd. and 31,744 VPD on Winchester Rd.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Law Firm Cafe & Coffee Shop Locksmith Bakery Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

43,969 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby

Demographics for 40505, KY

26,278
Population
12,026
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,285
Density / Sq Mi
$58,922
Median Household Income
$33,517
Median Earnings
$914
Median Rent
$166,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Pad-ready lots are available on a corner site with zoning for a wide range of commercial uses.
Where is this commercial land located?
The property is located at 1540 Eastland Pkwy Lexington, KY.
What are key features of this property?
This property features: Corner pad‑ready lots for sale or lease: 0.56 to 2.79 acres; Zoned B‑3 Business Highway, allowing uses including retail, restaurants, hotel, car washes, and gas stations; Traffic counts of 43,969 VPD on New Circle Rd. and 31,744 VPD on Winchester Rd.
(859) 420-5492 Call to check price and availability
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