Development Lot

Vacant Land for Sale
Sale Pending/Contingent
Also listed as Retail-Commercial
Catylist Listing ID: 30270905
Property Subtypes: Retail, Retail-Pad
Status: Pending/Contingent
Gross Land Area: 0.48 Acres
Sale Price: $439,000
Unit Price: $914,583 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2018

Overview / Comments

+/-0.4771 of an acre development lot for sale. The property is located in front of Burke Furniture on Richmond Road, one of Lexington's prime retail corridors and adjacent to Speedway, Valvoline Instant Oil, and Hardee's. Area retailers include Lowes, Burlington Coat Factory, Furniture World Superstore, O'Charley's, Chili's and more. The most recent nearby development includes Skyline Chili, LaRosa's Pizza and First Watch, coming summer 2018. The lot is zoned B-3, Highway Business.

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Area Description: Located on Richmond Road with easy access to New Circle Road and Man O' War Boulevard. The traffic count on Richmond Road (US 25) near the site is +/-44,151 vehicles per day.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,437 117,779 216,853
Median Age: 32.75 33.73 34.64
Households: 8,389 51,737 93,934


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