Property summary
This exceptional 0.56-acre commercial land parcel presents a remarkable investment opportunity in Lexington, Kentucky. Strategically located at the corner 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 commercial uses, including retail, restaurants, hotels, car washes, and gas stations. Its prime location offers easy access to downtown Lexington, Hamburg, and Interstate 75, ensuring high traffic volume and exposure. Daily traffic counts on East New Circle Road reach 43,969 vehicles, while Winchester Road sees 31,744 vehicles, guaranteeing significant customer reach. The property is situated between an Infiniti Dealership and Bypass Rentals, further enhancing its desirability and potential. This lot, identified by APN 38286410, is also expandable. It can be combined with adjacent parcels (1709 and 1739 Eastland Ct) to create a larger 2.79-acre development site. This presents a unique opportunity for developers seeking a high-traffic location with significant development potential in a thriving Kentucky market. The asking price for this exceptional property is $476,000. Don't miss this chance to secure a prime commercial location in Lexington.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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