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736 N Limestone 0.05 Acres of Commercial Land Offered at $247,500 in Lexington, KY 40508
Investment Highlights
- Two adjacent B-1 zoned lots totaling ±0.047 acres
- Steps from Greyline Station and an emerging mix of local restaurants, breweries, and retailers
- Flexible B-1 zoning supports a wide range of commercial uses
- Located in the heart of the revitalizing North Limestone (NoLi) corridor
- Highly walkable urban location with strong pedestrian activity
- Located within a federally designated Opportunity Zone — potential tax advantages for qualifying investments
Executive Summary
SVN Stone Commercial Real Estate is proud to present a rare opportunity to acquire two adjacent vacant lots at 736 and 740 N. Limestone Street in Lexington's up-and-coming North Limestone (NoLi) corridor, available at $247,500 for ±0.047 acres total. B-1 zoned and well-positioned for a local business, boutique retail, restaurant, or mixed-use concept, these parcels sit steps away from a growing mix of local shops, dining, and entertainment — including Greyline Station, a popular food hall and event venue housed in a renovated former bus terminal, along with an emerging collection of restaurants, breweries, coffee shops, and retailers that reflect the area's ongoing revitalization. B-1 zoning supports a wide range of commercial uses, and with two adjacent lots, developers and entrepreneurs have the flexibility to build a purpose-built structure tailored to their vision in a neighborhood with growing momentum and strong community investment. As an added benefit, these parcels are located within a federally designated Opportunity Zone, offering potential significant tax advantages including deferral and reduction of capital gains taxes for qualifying investments.
Property Facts
| Price | $247,500 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.16 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | B-1 - Residential Business | ||
| Price | $247,500 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.16 AC |
| Opportunity Zone |
Yes |
| Zoning | B-1 - Residential Business |
1 Lot Available
Lot
| Price | $247,500 | Lot Size | 0.05 AC |
| Price Per AC | $4,950,000.00 |
| Price | $247,500 |
| Price Per AC | $4,950,000.00 |
| Lot Size | 0.05 AC |
0.047 Acres total of both lots 736 & 740 N. Limestone; B-1 Zoning
1 1
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $30,000 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$30,000
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736 N Limestone
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