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Downtown Land Available at Davis Park Development

325 Oliver Lewis Way, Lexington, KY 40508

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Overview

Land available for development in downtown Lexington near the newly expanded Convention Center, Gatton Park, Historic Distillery District, Town Branch Distillery, and Central Business District! The Davis Park development has two premiere lots totaling appx. 4.4 Acres available for Ground Lease at outstanding locations.

325 Oliver Lewis Way (Lot #27) is appx 1.75 acres zoned B-3 on the corner of Oliver Lewis Way & W High Street with ingress and egress on each street. This location is growing fast and surrounded by development and ideal for retail.

525 De Roode St. (Lot #30) is appx 2.65 Acres zoned MU-2 and also sits on a corner of Oliver Lewis Way and Scott St. Oliver Lewis was recently completed and serves as a convenient connector from downtown to the University of Kentucky. This lot is ideal for a multitude of uses such as retail, office, or flex! All utilities are available to the site.

Davis Park development is home to new apartments, park with playground, and Community Center. Fayette county is limited on land opportunities such as this, especially with access to entertainment, shopping, and dining on all sides!

Outstanding Location on Oliver Lewis Way and both parcels have corner visibility and access. Lot #27 is at the corner of Oliver Lewis Way and High St. and Lot #30 is at the corner of Scott St and Oliver Lewis Way. Easy access to High St / Versailles Rd & S. Broadway.

Property Highlights:

-The lot features curb cuts on High St. and Oliver Lewis Way for easy ingress and egress

-The property is in close proximity to UK, Rupp Arena, the Distillery District, and the new Gatton Park on the Town Branch

-Located in one of Lexington's busiest corridors, these lots provide excellent accessibility to several thoroughfares

-Both lots are ripe for development and offer rare acreage in the Downtown area.

-Located right outside the Central Business District and within walking distance to an abundance of retail, restaurants, financial institutions, entertainment, and more.

Lease Spaces

NameRateAcres
Downtown Land Available at Davis Park Development$11,667 /Month1.75 ac

For Lease

Land
Lease Rate
$11,667 Month
Acres
1.75 ac
Zoning
B-3
Lease Type
NNN
Business Park
Davis Park
Lot Size
127' wide
In Opportunity Zone
Yes
County
Fayette
Created
11/05/2021
Updated
04/16/2025
Listing ID
5cc80753
Parcel APN
38293390