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216 Southland Dr 0.47 Acres of Commercial Land Offered at $1,105,329 CAD in Lexington, KY 40503

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INVESTMENT HIGHLIGHTS

  • Located on one of Lexington's best known and busiest business corridors
  • Traffic count of +/- 13,200 cars per day

EXECUTIVE SUMMARY

Excellent commercial corner lot, zoned B-1 and located on one of Lexington's best known and busiest business corridors, with a traffic count of +/- 13,200 cars per day. Great location for a coffee shop, doughnut shop, telephone store, bank branch, just to name a few. Southland Drive was the subject of an extensive renovation project in 2020. The renovations included installation of new sidewalks, drainage system improvements, lots of new landscaping, new pavement, and widening of the street to allow for the new center turning lane, as well as new bicycle lanes running from end to end. The improvements served to make a very desirable business area, even more desirable. This was formerly a gas station. Shield Environmental Associates Inc. removed the tanks and preformed remediation work, and the Kentucky Department Of Environmental Protection has issued the attached " No Further action with Facility Letter".

PROPERTY FACTS

Price $1,105,329 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Bank
  • General Freestanding
  • Restaurant
  • Retail Warehouse
  • Storefront
Total Lot Size 0.47 AC
Zoning B-1 - Business

1 LOT AVAILABLE

Lot

Price $1,105,329 CAD
Price Per AC $2,351,762.91 CAD
Lot Size 0.47 AC

Excellent commercial corner lot, zoned B-1 and located on one of Lexington's best known and busiest business corridors.

Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11565400
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$564,400 CAD
  • Listing ID: 31584458

  • Date on Market: 2024-04-23

  • Last Updated:

  • Address: 216 Southland Dr, Lexington, KY 40503

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