Commercial Land for Free-Standing
For Sale
$650,000
205 Codella Drive, Winchester, KY 40391
LAND - Winchester, KY
Lot Size3.00 Acres
Days on Market465
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
(859) 309-0099
Listed By:
Gregory Leveridge · License #215416
(859) 421-8959
Added: Apr 25, 2025
Changed: Jun 25
Last Checked: Aug 2 at 5:06PM
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 offering is a commercial land parcel totaling 3 acres at 205 Codella Drive. The materials include an enclosed conceptual development plan showing how a standard sized, free-standing, sit-down restaurant could fit on the lot.
The property is located just off the Winchester Bypass amid new development, including a CHI Saint Joseph Health Center. The immediate area also includes Clean Sweeps and Domino's Pizza, with Walmart and Kroger located directly across the bypass from the site.
For buyers and developers, the included restaurant concept supports a straightforward path to planning and feasibility for a dedicated dining use. The parcel’s size and free-standing format are suited for tenants seeking a ground-up development site in a retail-heavy environment. The listing also notes the option to pair this offering with 145 Codella Dr., subject to terms and due diligence.
The property is located just off the Winchester Bypass amid new development, including a CHI Saint Joseph Health Center. The immediate area also includes Clean Sweeps and Domino's Pizza, with Walmart and Kroger located directly across the bypass from the site.
For buyers and developers, the included restaurant concept supports a straightforward path to planning and feasibility for a dedicated dining use. The parcel’s size and free-standing format are suited for tenants seeking a ground-up development site in a retail-heavy environment. The listing also notes the option to pair this offering with 145 Codella Dr., subject to terms and due diligence.
Key Highlights
- Utilities: water available
- Vacant lot just off the Winchester Bypass
- Surrounded by area retail, including a brand new CHI Saint Joseph Health Center nearby
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 3-acre lot positioned just off the Winchester Bypass, with conceptual plans for a sit-down restaurant.
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: Utilities: water available; Vacant lot just off the Winchester Bypass; Surrounded by area retail, including a brand new CHI Saint Joseph Health Center nearby
