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B-4 Commercial Land
For Sale
$1,800,000

722 Colby Road, Winchester, KY 40391

Land, Winchester, KY

Property SizeContact for details
Lot Size4.36 Acres
Days on Market186

Property Features for 722 Colby Road

General Information

Property type Land
Property subtype Other
Zoning description B-4
Subdivision Commercial
Directions Signalized corner of Colby Road and the Winchester Bypass, in a grocery-anchored retail corridor near downtown Winchester within the Lexington-Fayette MSA.
Standard status Active
APN 043-0000-010-00
Lot size 4.36 Acres
Listing Agency: CMI Properties
Listed By: Cheryl Moss Johnston · License #41670
Added: Mar 16 Changed: Sep 15 Last Checked: Sep 17 at 11:06PM
MLS# 26008233

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 4.36-acre commercial land tract is designated B-4 and identified for retail development possibilities. The property offers a sizable land base for commercial planning within the Winchester market.

Located at 722 Colby Road in Winchester, Kentucky, the site is in Clark County and carries a 40391 ZIP code. Its B-4 classification provides the primary land-use framework identified for the property.

Key Highlights

  • 4.36‑acre commercial land tract
  • B‑4 zoning
  • Retail development possibilities

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop

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

208
Businesses Nearby

Demographics for 40391, KY

36,461
Population
16,125
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
90%
High-School Grad
237.3 sq mi
ZIP Area
154
Density / Sq Mi
$67,910
Median Household Income
$40,323
Median Earnings
$884
Median Rent
$197,200
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-4-zoned commercial land with retail development potential in Winchester.
Where is this commercial land located?
The property is located at 722 Colby Road Winchester, KY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 4.36‑acre commercial land tract; B‑4 zoning; Retail development possibilities
More about this property
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