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Canebrake Dr

Canebrake Dr, Lexington, KY 40509

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Overview

62 Acres of Development Land | Canebrake Drive | Lexington, KY

This 62-acre development tract on Canebrake Drive in Lexington, Kentucky offers a rare opportunity for large-scale development in one of Central Kentucky’s fastest growing markets. The property was recently rezoned to I-1 (Light Industrial) and RM-4 (High Density Residential), allowing for a wide range of development possibilities.

Located within close proximity to major transportation routes and established Lexington neighborhoods, the site offers excellent access for both residential and industrial users. Its size and flexible zoning make it well-suited for industrial parks, logistics facilities, multi-family residential communities, or a mixed-use employment campus.

With 62 contiguous acres ready for development, this property presents a unique opportunity for developers and investors seeking scale, zoning flexibility, and a strategic location within the Lexington market.

Property Highlights

  • 62 acres of development land
  • Recently rezoned I-1 (Light Industrial) and RM-4 (High Density Residential)
  • Located on Canebrake Drive, Lexington, KY
  • Suitable for industrial park, flex/warehouse, logistics, or multi-family development
  • Large contiguous tract ideal for master-planned development
  • Situated in a growing area with strong market demand

For Sale

Land
Sale Price
$175,000/ac
Acres
62 ac
Zoning
I-1 and RM-4
County
Fayette
Available
03/01/2026
Listed
03/09/2026
Updated
03/09/2026
Listing ID
f8f483e4