1017 Wellington Way Lexington, KY 40513
- Commercial land
- 0.75 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1017 Wellington Way
- Lot size
- 0.75 lot acres
- Zone code
- B-1
- Property type
- Commercial land
- APN
- 10045740
- APU
- 10045740
Description
This exceptional 1.7-acre commercial land parcel presents a unique opportunity for retail development in Lexington, Kentucky. Situated at 1017 Wellington Way, in the highly desirable 40513 zip code, this property offers unparalleled visibility and accessibility. Zoned B-1, Neighborhood Business, the land is ideally suited for a variety of retail uses. Built in 2019, the site boasts a single-tenant capacity and benefits from its strategic location just off Harrodsburg Road, adjacent to Palomar Center. Across the street from established businesses like Panera Bread and LA Fitness, this location ensures high foot traffic and brand recognition. The property's proximity to Keeneland Racetrack and Blue Grass Airport further enhances its appeal, providing convenient access for both local and regional clientele. This 1.7-acre lot offers a blank canvas for a new retail development, promising significant return on investment in a thriving Lexington market. The property is available for ground lease or build-to-suit options, providing flexibility for potential developers. Fayette County location ensures access to robust infrastructure and community support. This is a rare opportunity to acquire a prime retail site in one of Lexington's most sought-after areas.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,150,000
- ML approach
- $2,150,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.5693
- Latitude
- 38.0056
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
