Commercial Land with Signalized
For Lease
$100,000
2887 Richmond Rd, Lexington, KY 40509
B-3-zoned outlot supports ground-lease or build-to-suit development for retail and restaurant uses.
Space SizeContact for details
Days on Market225
Property Features for 2887 Richmond Rd
General Information
Standard status
Active
Property subtype
Land
Zoning
B-3
Spaces For Lease
at 2887 Richmond Rd Contact usAvailable Space $100,000/Mo
Contact us
Listing Agency:
Keller Williams Commonwealth
(859) 619-4969
Listed By:
Bryan Little · License #217370
(859) 619-4969
Source:
Kcrea.resimplifi
Added: Jan 16
Changed: Aug 28
Last Checked: Aug 28 at 1:34PM
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 Keller Williams Commonwealth
Investment Insights
Based on property information with market context.
This approximately 1.3-acre commercial outlot is available for ground lease or build-to-suit development. The site carries B-3 zoning and offers a dedicated curb cut, access from two signalized intersections, and an exclusive pylon signage opportunity. Richmond Road frontage and 40,088 VPD provide substantial exposure for a future retail or restaurant project.
The property is positioned in front of Lowe's and across from a recently developed retail center anchored by First Watch, Skyline Chili, and LaRosa's Pizzeria. Additional surrounding retailers include Kroger, Home Depot, Burlington, Chili's, Panera Bread, Krispy Kreme, Starbucks, and Walgreens. Valvoline World Headquarters and the University of Kentucky are also identified within the surrounding area, with the university approximately four miles away.
The property is positioned in front of Lowe's and across from a recently developed retail center anchored by First Watch, Skyline Chili, and LaRosa's Pizzeria. Additional surrounding retailers include Kroger, Home Depot, Burlington, Chili's, Panera Bread, Krispy Kreme, Starbucks, and Walgreens. Valvoline World Headquarters and the University of Kentucky are also identified within the surrounding area, with the university approximately four miles away.
Key Highlights
- ±1.3‑acre commercial outlot available for ground lease or build‑to‑suit
- B‑3 zoning supports the stated commercial land use
- 40,088 VPD along Richmond Road
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,429
Businesses Nearby
Explore this area
Business Placement
Demographics for 40509, KY
44,572
Population
19,802
Households
2.3
Avg Household Size
36
Median Age
57%
College-Educated
95%
High-School Grad
47.8 sq mi
ZIP Area
932
Density / Sq Mi
$89,429
Median Household Income
$52,489
Median Earnings
$1,317
Median Rent
$338,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - B-3-zoned outlot supports ground-lease or build-to-suit development for retail and restaurant uses.
Where is this commercial land located?
The property is located at 2887 Richmond Rd Lexington, KY.
What is the lease rate?
The lease rate is $100,000.
What are key features of this property?
This property features: ±1.3‑acre commercial outlot available for ground lease or build‑to‑suit; B‑3 zoning supports the stated commercial land use; 40,088 VPD along Richmond Road
