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Signalized-Access Commercial Land
For Sale
$1,250,000

2887 Richmond Road, Lexington, KY 40509

Land, Lexington, KY

Property SizeContact for details
Lot Size1.30 Acres
Days on Market8

Property Features for 2887 Richmond Road

General Information

Property type Land
Property subtype Other
Zoning B-3
Zoning description B-3 - HIGHWAY SERVICE BUSINESS
Subdivision Commercial
Directions Going east on New Circle Road, take exit 15 onto US-421, turn right onto Richmond Road, turn left onto Old Todds Road, take your first right and the property will be on your left.
Standard status Active
APN 382931700
Lot size 1.30 Acres
Listing Agency: Keller Williams Commonwealth · Keller Williams Realty
Listed By: Bryan Little · License #217370
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 7 at 11:06AM
MLS# 26027049

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 1.3-acre commercial land parcel carries B-3 zoning and has a dedicated curb cut on Richmond Road. Access is also available through two signalized intersections, and a pylon sign opportunity is noted for the site.

The property lies on Richmond Road between New Circle Road and Man O' War Boulevard, in a retail corridor with Kroger, Home Depot, Burlington, Chili's, Panera Bread, Krispy Kreme, Starbucks and Walgreens. Traffic on the corridor is reported at 40,088+ vehicles per day. The University of Kentucky is less than 5 miles away.

Key Highlights

  • 1.3‑acre commercial site with B‑3 zoning
  • Richmond Road location between New Circle Road and Man O' War Boulevard
  • 40,088+ vehicles per day on Richmond Road

Property Analytics

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Current Use

Panera Bread Cafe & Coffee Shop AT&T Store Mobile Phone Store Next Level Sports ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store HVAC Service Law Firm Electrical Service

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

1,429
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - B-3-zoned site with a dedicated curb cut on Richmond Road and access at two signalized intersections.
Where is this commercial land located?
The property is located at 2887 Richmond Road Lexington, KY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1.3‑acre commercial site with B‑3 zoning; Richmond Road location between New Circle Road and Man O' War Boulevard; 40,088+ vehicles per day on Richmond Road
More about this property
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