0 Plaza Dr Nicholasville, KY 40356
This 1.13-acre commercial land parcel is located in Nicholasville, Kentucky, on N Plaza Dr, in Jessamine County, zip code 40356. The property is zoned B-2, Commercial District, making it suitable for a variety of uses including retail, office, medical, or service businesses. Its strategic location offers excellent visibility and accessibility, situated just off the US 27 Bypass, approximately five miles south of Lexington. The US 27 Bypass boasts an impressive average daily traffic count of 28,966 vehicles (2021 data), ensuring high exposure for any development. The area is already home to a thriving mix of established businesses, including popular restaurants such as Applebee's, Sonny's BBQ, El Rio Grande, Zaxby's, Dairy Queen, and Bruster's Ice Cream. Nearby retail options include Walmart, Tractor Supply, and Bargain Hunt, further enhancing the area's commercial appeal. The property's asking price is $350,000, presenting a compelling opportunity for investors seeking a well-located, versatile commercial land asset in a rapidly growing area. The signalized intersection at North Plaza Drive and the US 27 Bypass provides easy access and high visibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.