2891 Richmond Rd Lexington, KY 40509

This exceptional 1.3-acre commercial land parcel presents a prime opportunity for retail or restaurant development in Lexington, Kentucky. Located on heavily trafficked Richmond Road (40,088 VPD), this C1-zoned outlot boasts excellent street-front visibility and convenient access via two signalized traffic lights and a direct Richmond Road cut-off. A large pylon sign is available exclusively for this outlot. The property's strategic location is further enhanced by its proximity to major retailers including Lowe's, Kroger, Home Depot, and Burlington, as well as popular restaurants such as Chili's, Panera Bread, and Starbucks. Across the street sits a newly constructed retail center featuring FirstWatch, Skyline Chili, and LaRosa's Pizzeria. This site benefits from its position in a thriving retail and restaurant hub, just four miles from the University of Kentucky, a significant employer with over 46,000 students and staff. The surrounding area features dense residential neighborhoods and a substantial daytime population, supported by major employers like Valvoline, Aramark, and International Paper. The asking price is $1,200,000, with a land value of $1,000,000 per acre. The property's APN is 25833025. This is a rare opportunity to acquire a highly visible and strategically located outlot in a rapidly growing area. The property is available for sale, ground lease, or build-to-suit options.