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Commercial Land for Ground Lease

1946 Bypass Road, Winchester, KY 40391

For Lease
New
$75,000

Commercial Lease, Winchester, KY

Space SizeContact for details
Lot Size0.75 Acres
Days on Market4

Property Features for 1946 Bypass Road

General Information

Property type Commercial Lease
Property subtype Other
Zoning B-3
Subdivision Commercial
Directions Located at the intersection of the Bypass and Colby Road.
Standard status Active
APN 043-4001-001-00.10
Lot size 0.75 Acres

Building Details

Year built 1985
Listing Agency: Keller Williams Commonwealth · Keller Williams Realty
Listed By: Bryan Little · License KY #217370
Added: Nov 6 Last Checked: Nov 9 at 11:06PM
MLS# 26030690

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.

Rey
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Investment Insights

Based on property information with market context.

This 0.75-acre commercial land parcel is offered for ground lease and carries B-3 zoning. The site includes multiple access points and monument signage, with its position within Colby Station Shopping Center placing it among existing retail uses.

The parcel occupies the northeast corner of Bypass Road and Colby Road in Winchester. Traditional Bank is behind the site, Scooter’s Coffee is adjacent, and Walmart is across the road. Colby Station is an approximately 57,466-square-foot shopping center with national and regional tenants.

Key Highlights

  • 0.75‑acre commercial land parcel available for ground lease
  • B‑3 zoning
  • Northeast corner of Bypass Road and Colby Road

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

368
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 - B-3-zoned land with multiple access points is positioned within an established shopping center.
Where is this commercial land located?
The property is located at 1946 Bypass Road Winchester, KY.
What is the lease rate?
The lease rate is $75,000.
What are key features of this property?
This property features: 0.75‑acre commercial land parcel available for ground lease; B‑3 zoning; Northeast corner of Bypass Road and Colby Road
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