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    Athens Boonesboro Rd Lexington, KY 40509

    Sponsored
    For Lease
    Contact for pricing

    Prime Commercial Land, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land opportunity is part of a new, $85 million mixed-use development in Lexington, KY, anchored by the Lexington Sporting Club's professional soccer stadium and training facilities. The 7,500-seat stadium will host major sporting events, concerts, and other entertainment, driving significant foot traffic. These prime outlots are strategically located at the signalized intersection of Competition Drive, providing excellent visibility from the highly trafficked Athens Boonesboro Road and convenient access to I-75. The site benefits from its position within Lexington's designated "Southern Gateway," a 1,653-acre area experiencing rapid growth and development, including substantial residential expansion. This area is poised for sustained growth, offering investors a unique opportunity to capitalize on the increasing traffic and population density. The available land is ideal for retail, office, or hotel development, providing exceptional exposure within a vibrant and rapidly expanding community. The single-tenant property offers significant potential for long-term investment and return. The property is located at Athens Boonesboro Rd, Lexington, KY 40509.

    Property Features for 0 Athens Boonesboro Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • $85 million mixed‑use development anchored by a 7,500‑seat Lexington Sporting Club soccer stadium.
    • High visibility and traffic counts on Athens Boonesboro Road.
    • Signalized intersection access off I‑75.
    • 175‑acre campus planned for retail, restaurant, hotel, and office development.
    • Seven synthetic turf training fields supporting 1,000+ youth players.
    • Located within Lexington's 1,653‑acre "Southern Gateway" expansion area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.393345066593
    Latitude
    37.965199350533

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High-Traffic Location
    Where is this land located?
    The property is located at Athens Boonesboro Rd Lexington, KY.
    What are key features of this property?
    This property features: $85 million mixed-use development anchored by a 7,500-seat Lexington Sporting Club soccer stadium.; High visibility and traffic counts on Athens Boonesboro Road.; Signalized intersection access off I-75.
    Request Owner's contact information
    Athens Boonesboro Rd Lexington, KY 40509
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    Lexington, KY 40509
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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
    Athens Boonesboro Rd Lexington, KY 40509
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