1068 Aspiration Dr Lexington, KY 40511
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.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.