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2405-2409 Merchant St - Professional Office Land 1.5 Acres of Commercial Land Offered at $900,000 in Lexington, KY 40511
Investment Highlights
- 1.5 acre parcel ready for development
- Signalized access to Leestown Rd from Trade St
- Strong demographics
- Excellent visibility from Leestown Rd (24,778 VPD)
- Key due diligence items availalbe: ALTA survey, phase 1 ESA, geotechnical report
Property Facts
| Price | $900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.50 AC |
| Property Type | Land | ||
| Zoning | P-1 - Professional Office | ||
| Price | $900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.50 AC |
| Zoning | P-1 - Professional Office |
1 Lot Available
Lot
| Price | $900,000 | Lot Size | 1.50 AC |
| Price Per AC | $600,000.00 |
| Price | $900,000 |
| Price Per AC | $600,000.00 |
| Lot Size | 1.50 AC |
Description
SVN Stone Commercial Real Estate is pleased to present 2409 Merchant Drive for sale in Lexington, KY — a 1.5-acre, P-1 zoned development opportunity offering excellent visibility and signalized accessibility. With approximately 24,778 vehicles per day, the site provides strong exposure along Leestown Rd. The property is flat and ready for development, making it ideal for a wide range of uses including medical offices, banks, professional services, daycares, and hotels. Ownership has completed key due diligence, including an ALTA survey, Phase 1 ESA, and geotechnical report, helping streamline the path to construction. Conveniently located near New Circle Road with quick access to Interstates 64 & 75, this site offers outstanding connectivity across Lexington and the surrounding region.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $600,000 |
Property Taxes
Presented by
2405-2409 Merchant St - Professional Office Land
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