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2400 Versailles Rd, Lexington, KY 40504

Vacant land available for ground lease, close to downtown.

Space SizeContact for details
Property Size39,640 SF
Days on Market1253

Property Features for 2400 Versailles Rd

General Information

Standard status Active
Size 39,640 SF
Property subtype Retail, Land, Restaurant
Lease Type NNN

Building Details

Building Size 39,640 SF
Tenancy Single

Spaces For Lease

at 2400 Versailles Rd Contact us

Space 1

Type
Land, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Equity Management Group Inc
Listed By: Jason Taylor · License #KY 72700
Source: Crexi
Added: Mar 8, 2023 Changed: Aug 9 Last Checked: Aug 11 at 4:18PM

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 Equity Management Group Inc

Investment Insights

Based on property information with market context.

This vacant land presents a development opportunity for ground lease. The site, located approximately 3 miles from downtown Lexington, is suitable for redevelopment. Concept plans suggest a potential redevelopment of up to 6,000 square feet. Downtown Lexington is located 3 miles to the east on Versailles Road.

Key Highlights

  • Development opportunity with land available for ground lease.
  • Close proximity to downtown Lexington (3 miles).
  • Redevelopment potential up to 6,000 sq ft.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Hair Salon Dental Office

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

359
Businesses Nearby

Demographics for 40504, KY

26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
Median Home Value
Rey
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 - Vacant land available for ground lease, close to downtown.
Where is this commercial land located?
The property is located at 2400 Versailles Rd Lexington, KY.
What are key features of this property?
This property features: Development opportunity with land available for ground lease.; Close proximity to downtown Lexington (3 miles).; Redevelopment potential up to 6,000 sq ft.
(859) 266-1414 Call to check price and availability
More about this property
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