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Corner Commercial Land Parcel
For Sale
$650,000

216 Southland Drive, Lexington, KY 40503

Land, Lexington, KY

Property SizeContact for details
Lot Size0.58 Acres
Days on Market209

Property Features for 216 Southland Drive

General Information

Property type Land
Property subtype Other
Zoning description B-1
Subdivision Commercial
Directions Nicholasville Rd outbound to right on Southland Drive to a Left on Rambler Road. Property is on the corner of Southland Drive/Rambler road accessible from both streets.
Standard status Active
APN 11565400
Lot size 0.58 Acres
Listing Agency: Block + Lot Homes
Listed By: Gregory Leveridge · License #215416
Added: Mar 11 Changed: Sep 8 Last Checked: Oct 5 at 4:06AM
MLS# 26004702

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 0.58-acre commercial land parcel occupies a corner position at Southland Drive and Rambler Road. The site is described as shovel-ready, with utilities already in place, no demolition required, and three existing access points: two from Southland Drive and one from Rambler Road. B-1 zoning supports a range of professional, retail, and office uses.

Southland Drive carries 13,200 vehicles per day and connects Nicholasville Road with Harrodsburg Road. The surrounding business district includes shops, restaurants, and services, while improvements completed in 2020 added landscaping, sidewalk upgrades, stormwater improvements, widened pavement, turn lanes, and bike lanes. The parcel is positioned as a Southland Drive outparcel with space for standalone branding, private parking, and direct accessibility. A No Further Action Letter was issued in September 2025 through the Department for Environmental Protection.

Key Highlights

  • 0.58‑acre corner commercial parcel at 216 Southland Drive
  • B‑1 zoning supports professional, retail, and office uses
  • Three existing access points: 2 from Southland Drive and 1 from Rambler Road

Property Analytics

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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

2,090
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
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Frequently Asked Questions

What type of property is this?
Commercial land - B-1-zoned corner parcel with utilities in place and three access points for professional, retail, or office development.
Where is this commercial land located?
The property is located at 216 Southland Drive Lexington, 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: 0.58‑acre corner commercial parcel at 216 Southland Drive; B‑1 zoning supports professional, retail, and office uses; Three existing access points: 2 from Southland Drive and 1 from Rambler Road
More about this property
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