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Property profile & analytics
OFF-MARKET
Land

155 April Way Winchester, KY 40391

3.02 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.02-acre commercial land parcel presents a unique investment opportunity in Winchester, Kentucky. Ideally situated on April Way and Colby Road, this property boasts high visibility and accessibility, strategically positioned between Bypass Road's bustling commercial activity and a substantial residential population. The lot is zoned P-1, offering flexibility for a variety of commercial developments. Its location is highly advantageous, nestled between established retail giants such as Kroger and Walmart shopping centers, ensuring significant foot traffic and brand recognition. The property's address is 155 April Way, Winchester, KY 40391, within Clark County. Winchester benefits from a strong economic base, supported by major employers including Amazon, Ale-8-One, and Catalent Pharmaceuticals. This location within the Lexington-Fayette KY Metropolitan Statistical Area further enhances its appeal and potential for growth. The property's size allows for potential subdivision, creating additional development opportunities. The asking price for this prime commercial land is $1,000,000. The parcel's APN is 043-0000-003-09. Don't miss this chance to acquire a highly desirable commercial property in a thriving Kentucky market.

Property profile
Verified
Property type Land
Lot 3.02 ac (131,551 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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