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Prime Commercial Land Opportunity
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1170 Newtown Pike, Lexington, KY 40511

Highly visible land near downtown Lexington and I-75/I-64.

Property SizeContact for details
Days on Market723

Property Features for 1170 Newtown Pike

General Information

Standard status Active
Property subtype Land
Zoning A-U
Listing Agency: Haymaker Commercial Real Estate
Listed By: Andy Haymaker · License #188954
Source: Crexi
Added: Sep 16, 2024 Changed: Aug 14 Last Checked: Sep 7 at 7:05AM

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 Haymaker Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 1170 Newtown Pike in Lexington, KY, this commercial real estate offers a premier opportunity in a high-traffic corridor near downtown and I-75/I-64. The property is suitable for land searches and development, with potential for office, retail, or mixed-use developments. Its flexible zoning and proximity to major employers make it a valuable investment for commercial growth and expansion in Lexington's thriving market. Lexington, Kentucky's second-largest city, offers limited land opportunities and attracts large corporations and visitors with its bourbon industry, horse farms, nightlife, and business ventures. The site is conveniently located near Cincinnati, Louisville, Knoxville, and Nashville.

Key Highlights

  • Prime location on Newtown Pike, a high‑traffic corridor near downtown Lexington and I‑75/I‑64, offering maximum exposure.
  • Flexible zoning suitable for office, retail, or mixed‑use developments, providing diverse investment options.
  • Proximity to major employers and Lexington's thriving market, ensuring a strong customer base and business environment.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Kitchen & Bath Showroom Hair Salon Law Firm

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

451
Businesses Nearby

Demographics for 40511, KY

36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Highly visible land near downtown Lexington and I-75/I-64.
Where is this commercial land located?
The property is located at 1170 Newtown Pike Lexington, KY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Prime location on Newtown Pike, a high‑traffic corridor near downtown Lexington and I‑75/I‑64, offering maximum exposure.; Flexible zoning suitable for office, retail, or mixed‑use developments, providing diverse investment options.; Proximity to major employers and Lexington's thriving market, ensuring a strong customer base and business environment.
More about this property
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