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    3326 Clays Mill Rd Lexington, KY 40503

    Sponsored
    For Lease
    $22 SF/Yr

    Lexington, KY commercial land, 0.5 acres

    Lot size:
    21,780 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    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.

    Property Features for 3326 Clays Mill Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,780 SF

    Unit(s) available at that property

    Space
    0.5 Acres
    Size
    21,780 SF
    Rate per SF
    $22

    HighLights

    • 0.5‑acre development lot available for ground lease or build‑to‑suit.
    • Clays Mill Road frontage.
    • Corner lot at Delzan Place and Clays Mill Road, with convenient access to Man O' War Blvd, Blue Grass Airport, and downtown Lexington.
    • Excellent location benefiting from high traffic counts on major Lexington arteries.
    • 2020 traffic count: ~12,953 ADT on Clays Mill Road.
    • P‑1 (Professional Office) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.547853
    Latitude
    37.9971

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    FAQs

    What type of property is this?
    Land - Lexington, KY commercial land, 0.5 acres
    Where is this land located?
    The property is located at 3326 Clays Mill Rd Lexington, KY.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 0.5-acre development lot available for ground lease or build-to-suit.; Clays Mill Road frontage.; Corner lot at Delzan Place and Clays Mill Road, with convenient access to Man O' War Blvd, Blue Grass Airport, and downtown Lexington.
    Request Owner's contact information
    3326 Clays Mill Rd Lexington, KY 40503
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    Lexington, KY 40503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3326 Clays Mill Rd Lexington, KY 40503
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