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    381 Legion Dr Lexington, KY 40504

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    381 Legion Dr Lexington, KY 40504


    • Commercial land
    • 0.32 lot acres
    Development Opportunity Near Lexington Clinic For Sale
    $385,000

    Development Opportunity Near Lexington Clinic

    0.32 acre lot near amenities and Lexington Clinic.

    381 Legion Dr, Lexington, KY 40504
    View Listing
    Property ID
    US34-0524757
    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.

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    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 381 Legion Dr

    Lot size
    0.32 lot acres
    Zone code
    B-1
    Property type
    Commercial land
    APN
    13429000
    APU
    13429000

    Description

    This exceptional 0.32-acre commercial land parcel, located at 381 Legion Drive in Lexington, Kentucky, presents a compelling investment opportunity. Situated in Fayette County, zip code 40504, this property (APN 13429000) is zoned B-1, allowing for a variety of development possibilities. Its strategic location adjacent to 1218 S. Broadway offers significant advantages. The property benefits from its proximity to a thriving commercial corridor, featuring numerous restaurants, hotels, and hospitals, including the recently constructed Lexington Clinic. This high-traffic area ensures excellent visibility and accessibility. Furthermore, its location on the inbound side of S. Broadway, across from the Lexington Clinic, guarantees substantial foot and vehicle traffic. The property's convenient location just outside of downtown Lexington and approximately one mile from the University of Kentucky adds to its appeal. The potential for development is further enhanced by the option to acquire eight adjacent office condo suites at 1218 S. Broadway, providing a unique opportunity to create a cohesive and synergistic commercial development. This offering represents a rare chance to secure a well-positioned commercial lot in a rapidly growing area of Lexington. The asking price for this exceptional property is $385,000.


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    Location Insight

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    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5202
    Latitude
    38.0347
    CBSA code
    30460
    CBSA name
    LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $866
    $0.00
    $0.00
    $70,000
    -
    $0.00
    $0.00
    $70,000
    View Listing
    More about this property
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