3326 Clays Mill Rd Lexington, KY 40503
For Sale
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This exceptional 0.5-acre commercial development lot presents a prime opportunity in Lexington, Kentucky. Located at 3326 Clays Mill Road, the property boasts 150 feet of frontage on a high-traffic thoroughfare. The site's strategic corner location at the intersection of Clays Mill Road and Delzan Place ensures excellent visibility and accessibility. Zoned P-1 for Professional Office use, this versatile parcel offers developers a blank canvas for a variety of commercial projects. The property's convenient southwest Lexington location places it on the primary commuting route, benefiting from an estimated 15,404 vehicles daily (2017 data) on Clays Mill Road near the site. Utilities are provided by KU. The lot size is 0.5 acres (APN 27281154, Fayette County). Parking options are considered "various" and will depend on the future development. This single-tenant site is ideal for businesses seeking high visibility and convenient access in a thriving Lexington market. The property is ready for immediate development, offering a unique chance to capitalize on a desirable location and strong traffic counts. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
P-1 · Lexington, KYLexington. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.