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Vacant Lot For Lease
For Lease
$20 SF/Yr

490 Southland Dr, Lexington, KY 40503

0.31 acre vacant lot ideal for retail or drive-through.

Space SizeContact for details
Lot Size0.31 Acres
Days on Market1681

Property Features for 490 Southland Dr

General Information

Standard status Active
Lot size 0.31 Acres
Property subtype Retail
Zoning B-1
Lease Type NNN

Spaces For Lease

at 490 Southland Dr
Available Space $20/Mo
Contact us
Listing Agency: The Gibson Company
Listed By: Chelsea McDonald Grubb
Source: Kcrea.resimplifi
Added: Mar 10, 2022 Changed: Oct 6 Last Checked: Oct 16 at 5:43AM

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 The Gibson Company

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Investment Insights

Based on property information with market context.

This 0.31-acre vacant lot is available for lease directly off Southland Drive. The location is suitable for a drive-through coffee kiosk, bakery, liquor store, or a small retail storefront. The property offers pronounced visibility from Southland Drive, providing opportunities for signage and marketing. It is located close to several restaurants, local businesses, Lafayette High School, and is 0.9 miles from Nicholasville Road. A build-to-suit option is available.

Key Highlights

  • Ideal location directly off Southland Drive with pronounced visibility.
  • Suitable for drive‑through coffee kiosk, bakery, liquor store, or small retail storefront.
  • .31 acre vacant lot with build‑to‑suit option available.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby

Demographics for 40503, KY

28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
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 - 0.31 acre vacant lot ideal for retail or drive-through.
Where is this commercial land located?
The property is located at 490 Southland Dr Lexington, KY.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Ideal location directly off Southland Drive with pronounced visibility.; Suitable for drive‑through coffee kiosk, bakery, liquor store, or small retail storefront.; .31 acre vacant lot with build‑to‑suit option available.
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