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For Sale: High Visibility Leestown Rd Development Site

2409 Leestown Rd, Lexington, KY 40511

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Overview

We are 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.

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

For Sale

Land
Office

Secondary Uses: Office Building

Sale Price
$900,000
Price Per Acre
$600K/ac
Acres
1.5 ac
Zoning
P-1
Vehicles Per Day
24,778 VPD
County
Fayette
Available
03/02/2026
Listed
03/02/2026
Updated
03/02/2026
Listing ID
6f57554c