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Property profile & analytics
OFF-MARKET
Land

1068 Aspiration Dr Lexington, KY 40511

21.68 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 21.68-acre commercial and industrial land parcel, located at 1068 Aspiration Dr, Lexington, KY 40511, presents a unique investment opportunity. Situated in Fayette County's Russell Cave neighborhood (PVA 741), this property boasts a high-visibility location with convenient access to the crucial I-75/I-64 interchange, providing seamless connectivity to Louisville, Cincinnati, and Frankfort. The ED (Economic Development) zoning allows for a diverse range of development possibilities, including office buildings, medical and dental facilities, data processing centers, research and development labs, educational institutions (colleges, universities, schools), and regional medical campuses. The site's strategic location and flexible zoning make it ideal for a variety of uses. The property is currently listed at $4,325,000 and is divisible into multiple lots, offering flexibility for developers and investors. High traffic counts on I-75/I-64 (98,576 vehicles) underscore the significant potential for commercial success. This is a rare opportunity to acquire a substantial tract of land in a thriving Kentucky market.

Property profile
Verified
Property type Land
Lot 21.68 ac (944,381 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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