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1709-1739 Eastland Ct Lexington, KY 40505

OFF-MARKET Land Google Maps
2.79 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 2.79-acre commercial land parcel presents a unique investment opportunity in Lexington, Kentucky. Strategically located at the high-traffic intersection of East New Circle Road and Winchester Road, this property boasts unparalleled visibility and accessibility. The B-3 Highway Service Business zoning allows for a diverse range of development options, including retail, restaurants, hotels, car washes, and gas stations. Neighboring businesses include an Infiniti Dealership and Bypass Rentals, further enhancing the site's desirability. The property's location provides convenient access to downtown Lexington, the Hamburg area, and Interstate 75, ensuring high traffic volume and exposure. Detailed traffic counts reveal 43,969 vehicles daily on East New Circle Road and 31,744 on Winchester Road. The site is divisible into three separate parcels: 1709 Eastland Ct (0.67 acres), 1717 Eastland Ct (0.56 acres), and 1739 Eastland Ct (1.56 acres), offering flexibility for various development scenarios. The asking price for the entire 2.79-acre property is $2,371,500. This prime location and zoning make this an exceptional opportunity for investors seeking high-impact commercial development in a thriving Kentucky market. The property's address is 1709-1739 Eastland Ct, Lexington, KY 40505.

Property profile

Verified
Property type Land
Lot 2.79 ac (121,532 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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