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Property profile & analytics

1424 Grissom Ln Lexington, KY 40516

  • Commercial real estate
  • 9.00 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US34-1794478
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1424 Grissom Ln

Lot size
9.00 lot acres
Property type
Commercial real estate

Description

This exceptional 9-acre property in Lexington, Kentucky, presents a unique opportunity for commercial or agricultural use. Located on a peaceful street just ten minutes from New Circle Road and the Interstate, and a short drive to the Kentucky Horse Park, this property boasts a recently renovated, move-in ready two-story home. The home features attractive bamboo flooring, updated tile showers, and an open-concept first floor, creating a comfortable and modern living space. An unfinished walk-out basement offers significant potential for expansion, providing additional living area or versatile storage. The property also includes approximately 7 acres of fenced paddock space, perfect for horses or livestock, and a convenient two-bay run-in shed. The home itself offers numerous desirable features including a fireplace, laundry facilities, walk-in closets, a deck, a garage, and en-suite bathrooms. A large backyard and additional storage space complete this impressive offering. The property's stunning views of neighboring farms add to its rural charm while maintaining convenient access to Lexington's amenities. This is a rare combination of residential comfort and commercial/agricultural potential, making it an ideal investment. The asking price is $780,000. The property is located at 1424 Grissom Ln, Lexington, KY 40516.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.353358
Latitude
38.097142
More about this property
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