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Development Opportunity Near Lexington Clinic
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381 Legion Dr, Lexington, KY 40504

0.32 acre lot near amenities and Lexington Clinic.

Property SizeContact for details
Lot Size0.32 Acres
Days on Market1074

Property Features for 381 Legion Dr

General Information

Standard status Active
Lot size 0.32 Acres
Property subtype Land
Zoning B-1
Listing Agency: Block + Lot
Listed By: Colleen Barr · License #KY 52773
Source: Crexi
Added: Sep 15, 2023 Changed: Aug 22 Last Checked: Aug 22 at 8:57AM

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

Investment Insights

Based on property information with market context.

The property at 381 Legion Drive, totaling 0.32 acres, is located adjacent to 1218 S. Broadway and presents a development opportunity. Zoned B-1, the lot is situated on the in-bound side of S. Broadway, across from the new Lexington Clinic, in southwest Lexington, just outside of Downtown on a main artery. The location is approximately one mile from the University of Kentucky and is surrounded by amenities including restaurants, hotels, and hospitals. Note that this property is available for purchase only with the following condos at 1218 S. Broadway: 210, 410, 450, 475, 510, & 550.

Key Highlights

  • Prime development opportunity due to B‑1 zoning.
  • Strategic location on the in‑bound side of S. Broadway, across from the new Lexington Clinic.
  • Convenient access to amenities including restaurants, hotels, and hospitals.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Auto Parts Store Law Firm Building Supply

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

2,508
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
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Frequently Asked Questions

What type of property is this?
Commercial land - 0.32 acre lot near amenities and Lexington Clinic.
Where is this commercial land located?
The property is located at 381 Legion Dr Lexington, KY.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Prime development opportunity due to B‑1 zoning.; Strategic location on the in‑bound side of S. Broadway, across from the new Lexington Clinic.; Convenient access to amenities including restaurants, hotels, and hospitals.
(859) 309-0099 Call to check price and availability
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