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Corner Commercial Land Near Downtown
For Lease
$16,563/Mo
Pending

525 De Roode St, Lexington, KY 40508

Approximately 2.65 acres with MU-2 zoning, available for ground lease and supported by available utilities.

Space SizeContact for details
Days on Market1760

Property Features for 525 De Roode St

General Information

Standard status Pending
Property subtype Land
Zoning MU-2
Lease Type NNN

Spaces For Lease

at 525 De Roode St Contact us

Available Space $16,563/Mo

Contact us
Listing Agency: Block & Lot Real Estate
Listed By: Colleen Barr · License #52773
Source: Kcrea.resimplifi
Added: Nov 5, 2021 Changed: Aug 29 Last Checked: Aug 30 at 1:02PM

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 Real Estate

Investment Insights

Based on property information with market context.

The approximately 2.65-acre commercial land parcel at 525 De Roode St. is zoned MU-2 and positioned at the corner of Oliver Lewis Way and Scott St. The site is available for ground lease, with utilities available for development.

Oliver Lewis Way provides a direct connection between downtown and the University of Kentucky, while the property offers access to High St., Versailles Rd., and S. Broadway. The parcel is part of the Davis Park development, which includes new apartments, a playground-equipped park, and a community center. Nearby destinations identified for the development include the Central Business District, Convention Center, Gatton Park, Historic Distillery District, Town Branch Distillery, Rupp Arena, and the University of Kentucky.

Key Highlights

  • Approximately 2.65‑acre commercial land parcel
  • MU‑2 zoning
  • Corner position at Oliver Lewis Way and Scott St.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store Garden Center HVAC Service Locksmith Veterinary Clinic Bakery

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

2,224
Businesses Nearby

Demographics for 40508, KY

25,586
Population
11,458
Households
2.2
Avg Household Size
26
Median Age
36%
College-Educated
86%
High-School Grad
4.2 sq mi
ZIP Area
6,092
Density / Sq Mi
$28,040
Median Household Income
$13,316
Median Earnings
$900
Median Rent
$174,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Approximately 2.65 acres with MU-2 zoning, available for ground lease and supported by available utilities.
Where is this commercial land located?
The property is located at 525 De Roode St Lexington, KY.
What is the lease rate?
The lease rate is $16,563/Mo.
What are key features of this property?
This property features: Approximately 2.65‑acre commercial land parcel; MU‑2 zoning; Corner position at Oliver Lewis Way and Scott St.
More about this property
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