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Investment Highlights

  • High visibility, high traffic counts, and immediate connection to Danville's established retail node.
  • Adjacent to a proven retail corridor Walmart, Kroger, and Lowe's are already pulling traffic to this stretch of hwy 127.

Property Facts

Price $9,800,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Bank
  • Bar
  • Bowling Alley
  • Carwash
  • Community Center
  • Convenience Store
  • Daycare Center
  • Department Store
  • Drugstore
  • Fast Food
  • Funeral Home
  • General Freestanding
  • Healthcare
  • Health Club
  • Hold For Development
  • Hospital
  • Hotel
  • Lodge or Meeting Hall
  • Master Planned Community
  • Motel
  • Movie Theater
  • Neighborhood Center
  • Office Park
  • Open Space
  • Parking Lot
  • Planned Unit Development
  • Police or Fire Station
  • Post Office
  • Public Library
  • Public Park
  • Religious Facility
  • Restaurant
  • Self Storage
  • Service Station
  • Single Family Development
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
  • Supermarket
  • Veterinarian or Kennel
Total Lot Size 133.00 AC
Zoning HC, R-3, R-4 - Highway Commercial, R-3 & R-4

1 Lot Available

Lot

Price $9,800,000
Price Per AC $73,684.21
Lot Size 133.00 AC

Description

Marketing description: Oak Trace is a rare 133± acre commercial development site with direct Highway 127 frontage in Danville, Boyle County, Kentucky — offered at $9,800,000 ($73,684/acre). Located on the primary north-south corridor between Danville and Junction City, the property sits adjacent to an established retail trade area anchored by Walmart, Lowe's, Cheddar's & Cracker Barrel. The site offers dual access via Hwy 127 and Popplewell Rd/Brenda Ave to the north, existing Highway Commercial and R-3/R-4 zoning, and direct alignment with the City of Danville's roadway and utility extension plans. The 2025 Boyle County Comprehensive Plan designates the parcel for Village Center, Village Neighborhood, and Garden Neighborhood uses — providing strong zoning predictability for any buyer. Two existing ponds, a natural creek, and mature oaks provide a compelling landscape framework. A conceptual 20-year master plan is designed and available to prospective buyers. Seller is willing to divide. Investment highlights: - Location: Danville, Boyle County, Kentucky - Total acreage: 133 ± acres. Seller willing to divide hwy 127 frontage: primary corridor between Danville and junction city - Regional access: ~35 mi south of Lexington via hwy127 - Zoning: highway commercial, r-3 & r-4 (rezoning in process) - Future land use: multiple big-box, retail, multi-family,200+ residential units (2025 comp plan) - Utilities: water + electric at perimeter; sewer extension in city plans - Proposed master plan: 20-year vision designed and available to prospective buyers - Hwy 127 frontage & dual access primary frontage on highway 127 — the major north south corridor between Danville and junction city — with secondary access via Popplewell Rd / Brenda Ave to the north. High visibility, high traffic counts, and immediate connection to Danville's established retail node. - Adjacent to a proven retail corridor Walmart, Kroger, and Lowe's are already pulling traffic to this stretch of hwy 127. Oak trace fills the missing pieces — dining, hospitality, services, and rooftops — in an established, undersupplied trade area. - Entitlements & comp plan support site is zoned highway commercial and r-3 / r-4, with rezoning in process for the balance. The 2025 Boyle county comprehensive plan designates the Parcel for village center, village neighborhood, and garden neighborhood — providing zoning predictability and regulatory support for any buyer. - Scale & flexibility for any buyer rare 133-acre contiguous Parcel with hwy 127 frontage, dual access, and a mix of commercial and residential zoning already in place. Buyer can take the entire site for a single program, phase it, or subdivide. Two existing ponds, a natural creek, and mature oaks provide a strong landscape framework for any plan. - Municipal alignment the city of Danville has incorporated this site into its roadway and utility planning. Comprehensive plan designates the Parcel for village center / village neighborhood — directly supportive of the proposed mixed-use program.

Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Not bikeable
10/100
  • Listing ID: 41001935

  • Date on Market: 6/20/2026

  • Last Updated:

  • Address: Hwy 127 & 150 Bypass, Danville, KY 40422

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