2409 Merchant St
- 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
Property Description
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $799,500 |
| Lot Size: | 1.50 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
7808 Secluded Acres Rd
Apex, North Carolina
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout