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3241 Loch Ness Dr 1.05 Acres of Commercial Land Offered at $775,000 in Lexington, KY 40517
Investment Highlights
- • Corner location in the South Park Shopping Center • Exceptional traffic exposure and accessibility on Lexington's south side.
- • Surrounded by major retail, medical and commercial activity
Executive Summary
Rare opportunity to acquire a highly visible 1.05-acre commercial development site in one of Lexington's most established retail and business corridors. Strategically positioned near the intersection of Nicholasville Road and New Circle Road with the average daily traffic over 90,000 vehicles on Nicholasville Road and approximately 60,000 vehicles on the New Circle Road corridor segments nearby. This property offers exceptional accessibility, strong traffic counts, and proximity to major healthcare providers, retail centers, restaurants, and professional offices. The site benefits from existing infrastructure improvements, including an entrance apron, asphalt side road, and access features. Ideal for medical offices, professional office space, or a standalone commercial facility in a proven trade area.
Property Facts
| Price | $775,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.05 AC |
| Property Type | Land | ||
| Zoning | C - Commercial | ||
| Price | $775,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.05 AC |
| Zoning | C - Commercial |
1 Lot Available
Lot
| Price | $775,000 | Lot Size | 1.05 AC |
| Price Per AC | $739,644.97 |
| Price | $775,000 |
| Price Per AC | $739,644.97 |
| Lot Size | 1.05 AC |
This vacant lot is located in the South Park Shopping Center subdivision at the corner of Nicholasville Road and New Circle Road. Current improvements are entrance apron, asphalt side road and a shared center island with the adjacent building.
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 38105070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $270,000 |
Property Taxes
Parcel Number
38105070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$270,000
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3241 Loch Ness Dr