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Commercial Land Near Retail
For Sale
$650,000

205 Codella Drive, Winchester, KY 40391

Land, Winchester, KY

Property SizeContact for details
Lot Size3.00 Acres
Days on Market516

Property Features for 205 Codella Drive

General Information

Property type Land
Property subtype Other
Zoning description Commercial
Subdivision Commercial
Directions Ideally located along the heart of Bypass Road in Winchester, KY, across from Walmart. Winchester is the county seat of Clark County, KY and is part of the Lexington-Fayette, KY Metropolitan Statistical Area.
Standard status Active
APN 043-0000-019-04
Lot size 3.00 Acres

Utilities

Utilities Water Available
Listing Agency: Block + Lot Homes
Listed By: Gregory Leveridge · License #215416
Added: Apr 25, 2025 Changed: Sep 12 Last Checked: Sep 22 at 9:06AM
MLS# 25008456

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-acre commercial land parcel at 205 Codella Drive offers a development site near the Winchester Bypass. Water is available, and a conceptual development plan illustrates placement for a standard-sized, freestanding sit-down restaurant.

The property sits within an area of active commercial development. Nearby uses include CHI Saint Joseph Health Center, Clean Sweeps, and Domino's Pizza, while Walmart and Kroger are positioned across the bypass. The surrounding retail and service presence provides established commercial context for future site planning.

Key Highlights

  • 3‑acre commercial land parcel
  • Water available
  • Just off the Winchester Bypass

Property Analytics

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Current Use

Commercial land

Suggested Use

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

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

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
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with water available near established retail, healthcare, and restaurant development.
Where is this commercial land located?
The property is located at 205 Codella Drive Winchester, KY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3‑acre commercial land parcel; Water available; Just off the Winchester Bypass
More about this property
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