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For Sale

For Sale: High Visibility Leestown Rd Development Site

2409 Merchant St,
Lexington, KY 40511

Asset Snapshot

1.50 Acres
Land Area

Offering Summary

Investment Overview

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.


Investment Highlights

  • 1.5 acre parcel ready for development
  • Excellent visibility from Leestown Rd (24,778 VPD)
  • Signalized access to Leestown Rd from Trade St
  • Key due diligence items availalbe: ALTA survey, phase 1 ESA, geotechnical report
  • Strong demographics

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Listing Syndicated From

Buildout
For Sale
$900,000
Asking Price