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Keene Centre Development Opportunity
For Sale
$950,000

500 Keene Centre Drive, Nicholasville, KY 40356

1.5-acre development lot in established retail corridor.

Property SizeContact for details
Lot Size1.50 Acres
Days on Market156

Property Features for 500 Keene Centre Drive

General Information

Standard status Active
Lot size 1.50 Acres
Property subtype Padsites
Listing Agency: NAI Isaac
Listed By: Jim Kemper · License ##189559
Source: Thebrokerlist
Added: Apr 1 Changed: Sep 2 Last Checked: Sep 2 at 1:14PM

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 NAI Isaac

Investment Insights

Based on property information with market context.

This is a +/-1.5 acre development lot for sale in Nicholasville, located in Keene Centre, a mixed-use center on US 27 Bypass. Keene Centre is home to Firehouse Subs, Copper River Restaurant, Raising Canes and others. The property is positioned at a signalized intersection along the US 27 Bypass, directly across from Lowe’s Home Improvement. Nearby tenants include Firehouse Subs, Bluegrass Chiro, The Prescription Pad, Copper River Grill, Raising Cane’s, and more. The site is surrounded by commercial users including multiple banks, medical offices, and the CHI Saint Joseph Jessamine, and is adjacent to the new Keene Landings development. Panera Bread and Chipotle are now open, with Aldi, Wawa, and Cattleman’s Roadhouse coming soon. Zoned B-1, Central Business District, the site allows for a variety of commercial uses. It is ideal for retail, restaurant, medical, office, and service-oriented users. Strategically located approximately 10 miles south of Lexington along the heavily traveled Nicholasville Bypass, it provides direct connectivity between North and South Nicholasville and convenient access for Lexington commuters traveling to south. Situated on a major highway with approximately 28,448 vehicles per day, it is in close proximity to numerous established and growing residential communities.

Key Highlights

  • Prime development opportunity in the established Keene Centre retail corridor.
  • Located at a signalized intersection on US 27 Bypass with high traffic volume (28,448 vehicles per day).
  • Zoned B‑1, Central Business District, allowing for a variety of commercial uses.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Bakery Big Box & Wholesale 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

385
Businesses Nearby

Demographics for 40356, KY

44,381
Population
17,934
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
90%
High-School Grad
139.5 sq mi
ZIP Area
318
Density / Sq Mi
$75,264
Median Household Income
$41,427
Median Earnings
$1,020
Median Rent
$246,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.5-acre development lot in established retail corridor.
Where is this commercial land located?
The property is located at 500 Keene Centre Drive Nicholasville, KY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Prime development opportunity in the established Keene Centre retail corridor.; Located at a **signalized intersection on US 27 Bypass with high traffic volume (28,448 vehicles per day).**; Zoned B‑1, Central Business District, allowing for a variety of commercial uses.
More about this property
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