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Corner Commercial Land
For Sale
$750,000

216 Southland Dr, Lexington, KY 40503

B-1 zoning, existing utilities, and multiple access points support commercial development.

Property SizeContact for details
Days on Market57

Property Features for 216 Southland Dr

General Information

Standard status Active
Property subtype Vacant Land
Listing Agency: Block + Lot Real Estate
Listed By: Gregory Leveridge · License #215416
Source: Meliarealty
Added: Jul 10 Changed: Aug 29 Last Checked: Sep 4 at 9:30AM

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 Block + Lot Real Estate

Investment Insights

Based on property information with market context.

This corner commercial land parcel at 216 Southland Drive is zoned B-1 and has utilities in place. The site includes three existing access points: two from Southland Drive and one from Rambler Road. Its configuration supports potential professional retail and office development with room for private parking and freestanding identification, subject to applicable approvals.

Southland Drive carries 13,200 vehicles per day and connects Nicholasville Road and Harrodsburg Road. Traffic counts are identified as 85,000 CPD at Southland Drive on Nicholasville Road and over 40,000 CPD at Lane Allen Road on Harrodsburg Road. Corridor improvements completed in 2020 included landscaping, sidewalk work, stormwater improvements, and widened pavement with added turn lanes and bike lanes. The parcel is within a business district with nearby shops, restaurants, and services. A No Further Action Letter was issued in September 2025 through the Department for Environmental Protection.

Key Highlights

  • B‑1‑zoned corner commercial land parcel
  • Three access points: two from Southland Drive and one from Rambler Road
  • Utilities are already in place

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Parking Lot & Garage Big Box & Wholesale Store Electrical Service Hotel & Motel Grocery & Convenience 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

2,058
Businesses Nearby

Demographics for 40503, KY

28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - B-1 zoning, existing utilities, and multiple access points support commercial development.
Where is this commercial land located?
The property is located at 216 Southland Dr Lexington, KY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: B‑1‑zoned corner commercial land parcel; Three access points: two from Southland Drive and one from Rambler Road; Utilities are already in place
More about this property
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