For sale

$1,250,000

Est. $8,405/mo

Land

•

1.30

acres (lot)

2887 Richmond Rd, Lexington, KY 40509

About this home

Position your business in the heart of one of Lexington's most established retail corridors. This 1.3-acre B-3 zoned outlot is centrally located on Richmond Road between New Circle Road and Man O' War Boulevard, offering excellent visibility with 40,088+ vehicles per day. The property benefits from access via two signalized intersections, a dedicated curb cut on Richmond Road, and a pylon signage opportunity. Less than 5 miles from the University of Kentucky, the property is surrounded by an established mix of national retailers and restaurants, including Kroger, Home Depot, Burlington, Chili's, Panera Bread, Krispy Kreme, Starbucks, Walgreens and more.

Vacant landProperty Type

1.3 acresLot Size

$961,538Price/Acres

Listed by Bryan Little • Keller Williams Commonwealth

Listed by Elias Mashni • Keller Williams Commonwealth

Listing updated: Oct 13, 2026 at 06:25am

Redfin checked: 2 minutes ago

•Source:ImagineMLS #26027049

Payment calculator

$8,405 per month

Principal and interest$6,822

Property taxes

$1,156

HOA dues

Home insurance

$427

Utilities

Add

Affordability tools

See this home in person

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN THU, 5PM TO 7PM
$625,000
3 beds2.5 baths3,167 sq ft
112 Somersly Pl, Lexington, KY 40515
$400 HOA • 2 garage spots • Built 2016
OPEN THU, 6PM TO 8PM
$420,000
3 beds2 baths2,238 sq ft
2264 Stone Garden Ln, Lexington, KY 40513
$350 HOA • 2 garage spots • Community pool
OPEN SAT, 2PM TO 4PM
$499,000
4 beds3 baths2,404 sq ft
3169 Cherry Meadow Path, Lexington, KY 40509
0.33 acre lot • 2 garage spots • Built 2004
OPEN SAT, 2PM TO 4PM
$375,000
3 beds2.5 baths2,364 sq ft
1301 Blarney Ct, Lexington, KY 40511
6,490 sq ft lot • 2 garage spots • Community pool
OPEN SUN, 1PM TO 3PM3D WALKTHROUGH
$339,000
4 beds2.5 baths3,047 sq ft
2448 Checkerberry Dr, Lexington, KY 40509
4,352 sq ft lot • 2 garage spots • Built 2000
OPEN SUN, 1PM TO 3PMVIDEO TOUR
$1,295,000
4 beds3 baths3,166 sq ft
405 Hart Rd, Lexington, KY 40502
7,540 sq ft lot • 2 garage spots • Built 1939
OPEN SUN, 2PM TO 4PM
$239,000
3 beds1 bath1,050 sq ft
2109 Sage Rd, Lexington, KY 40504
6,852 sq ft lot • Built 1964
OPEN SUN, 2PM TO 4PM3D WALKTHROUGH
$424,000
4 beds2.5 baths2,341 sq ft
501 Friendly Ave, Nicholasville, KY 40356
8,276 sq ft lot • 2 garage spots • Built 2024
OPEN SUN, 2PM TO 4PM
$285,000
3 beds2 baths1,110 sq ft
3049 Caddis Ln, Lexington, KY 40511
4,182 sq ft lot • Garage • Built 2003
OPEN SUN, 2PM TO 4PM
$334,900
3 beds2 baths2,024 sq ft
480 Glendora Dr, Lexington, KY 40505
8,503 sq ft lot • Garage • Built 1997

Around this home

Schools

K - 12
Preschool & daycare

Madeline M Breckinridge Elementary School

Public PreK-5 • Assigned • 1.2mi

6/10

Crawford Middle School

Public 6-8 • Assigned • 3.2mi

4/10

Henry Clay High School

Public 9-12 • Assigned • 1.1mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Exterior
Finance

Exterior features
Approximately 1.3-acre lot
Lot zoned B-3 (Highway Service Business)

Home design
Located in the Commercial subdivision
Street address: 2887 Richmond Rd, Lexington, KY 40509

Sale and tax history for 2887 Richmond Rd

Sale History
Tax History

Date

Event

Price

ImagineMLS #26027049

Sep 30, 2026

Listed

$1,250,000

ImagineMLS #26001205

Jan 16, 2026

Listed

$100,000

+16

Available ground lease, or build-to-suit, this ±1.3-acre outlot offers a prime opportunity for retail or restaurant users with excellent frontage and visibility along Richmond Road (40,088 VPD). The site features a dedicated curb cut, access via two signalized intersections, and an exclusive pylon signage opportunity. Located in front of Lowe's and directly across from a newly developed retail center anchored by First Watch, Skyline Chili, and LaRosa's Pizzeria, the property benefits from a dense residential base and strong daytime population supported by major employers including Valvoline World Headquarters. Positioned approximately four miles from University of Kentucky, the area features a strong tenant mix including Kroger, Home Depot, Burlington, Chili's, Panera Bread, Krispy Kreme, Starbucks, and Walgreens. Listed for $100,000/year.

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Fayette County

APN

38293170

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jan 16, 2026.

B-3

Highway Service Business Zone

The intent of this zone is to provide for retail and commercial uses, which are necessary to the economic vitality of the community but may be inappropriate in the more neighborhood oriented zones. Development in this zone should front on an arterial or major collector roadway and should serve the needs of the broader Lexington community. Consideration should be given to the relationship of the uses in the zone to the surrounding land uses and to the adequacy of the street system to serve the traffic needs. Developments should avoid nuisance impacts of light, air, and sound that may be caused on adjacent neighborhoods. Where necessary, developments should include service roads to reduce the impact on highway movement, while also providing appropriate frontage to meet the needs of businesses. This zone should be established in accordance with the Goals, Objectives, Policies, and Development Criteria of the Comprehensive Plan.

Permitted uses

Include but are not limited to:

Gas station
General retail
Restaurant
Housing-Multiple units
Housing-Senior
Manufacturing
Hotel / motel
Office
Medical office
Research & development

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 101° expected this year, 19 days in 30 years

2/10 Wind Factor

2% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Lexington, KY • 40509

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

99/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 6% for direct sun exposure in Lexington. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

11.2 hrs

7.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 2887 Richmond Rd

$1,156,952

$93K under list price of $1.25M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $285K to $1.7M.

SOLD JUL 10, 2026
$1,655,000 Last sold price
5 beds5.5 baths4,744 sq ft
2005 Lakeside Dr, Lexington, KY 40502
smaller lot
finished basement
SOLD JUN 30, 2026
$285,000 Last sold price
3 beds1.5 baths1,507 sq ft
2722 Stetson Ln, Lexington, KY 40517
smaller lot
SOLD SEP 10, 2026
$946,000 Last sold price
5 beds4.5 baths4,762 sq ft
2049 Lakeside Dr, Lexington, KY 40502
smaller lot
finished basement
SOLD OCT 9, 2026
$480,000 Last sold price
3 beds3 baths3,383 sq ft
393 Shoreside Dr, Lexington, KY 40515
smaller lot
finished basement
SOLD SEP 25, 2026
$1,115,000 Last sold price
3 beds3.5 baths3,457 sq ft
3640 Barrow Wood Ln, Lexington, KY 40502
smaller lot
basement
SOLD AUG 3, 2026
$849,900 Last sold price
5 beds3 baths3,474 sq ft
2004 Shadybrook Ln, Lexington, KY 40502
smaller lot
basement

Tour for free, no strings attached

Make a winning offer with the help of a local agent

Ask a question

(859) 549-5531

Early Access listings

EARLY ACCESSREDFIN COMING SOON

$70,000

3 beds1 bath1,280 sq ft

1740 W Oak St, Louisville, KY 40210

Nearby similar homes

$26,500

Land— sq ft

12 Burchwood Dr, Berea, KY 40403

Listed 26 days

$340,000

Land— sq ft

224 Dolce Vita Way Lot 16, Lexington, KY 40511

Gated community • Executive homesites • Secure entrance

$450,000

Land— sq ft

2196 Thunderstick Dr, Lexington, KY 40505

51 parking spaces • Hamburg location

$325,000

Land— sq ft

108 Abbott Hill Trl Lot 41, Lexington, KY 40511

Gated community • Executive homesites • Secure entrance

$199,900

Land— sq ft

lot 23 Crawford Creek Dr, Nicholasville, KY 40356

Original trees • Views of farm land

$400,000

Land— sq ft

244 Dolce Vita Way Lot 20, Lexington, KY 40511

Gated community • Executive homesites • Secure entrance

New listings for sale in 40509

NEW 1 HR AGO

$659,000

4 beds3 baths4,119 sq ft

3125 Althorp Way, Lexington, KY 40509

Hardwood flooring • Primary suite • Sitting area

$309,900

3 beds2.5 baths1,317 sq ft

3112 Glenwood Dr, Lexington, KY 40509

Access to shopping • Access to dining • 6,682 sq ft lot

3D WALKTHROUGH

$474,900

4 beds3.5 baths2,096 sq ft

3717 St Andrews Walk, Lexington, KY 40509

Cul-de-sac home • Dual-suite setup • Gourmet kitchen

$284,900

4 beds2.5 baths1,920 sq ft

2922 Cadentown Rd, Lexington, KY 40509

Historic character • Modern updates • Spacious living area

$650,000

4 beds3.5 baths4,452 sq ft

3753 Ridge View Way, Lexington, KY 40509

2 story foyer • Granite countertops • Stainless appliances

3D WALKTHROUGH

$409,900

4 beds2.5 baths2,690 sq ft

805 Broadmoor Cir, Lexington, KY 40509

Two-story great room • Fenced backyard • Bonus loft area

OPEN SUN, 1PM TO 3PM3D WALKTHROUGH

$339,000

4 beds2.5 baths3,047 sq ft

2448 Checkerberry Dr, Lexington, KY 40509

Spacious living room • Half bath • Laundry room

$245,000

2 beds2 baths1,092 sq ft

2512 Cashel Ct, Lexington, KY 40509

No shared walls • Minutes from dining • 5,880 sq ft lot

$579,900

4 beds2.5 baths3,314 sq ft

1854 Rachels Run, Lexington, KY 40509

Large island • Granite countertops • Ample cabinetry

Details provided by ImagineMLS and may not match the public record. Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

40502 homes for sale
40503 homes for sale
40356 homes for sale
40509 homes for sale
40515 homes for sale

Houses for rent in Lexington-Fayette	Agents near me	Georgetown, KY homes for sale	Lexington-Fayette Housing Market
Houses for sale near me	Louisville, KY homes for sale	Frankfort, KY homes for sale
Land for sale near me	Lexington, KY homes for sale	Newport, KY homes for sale
Open Houses near me	Bowling Green, KY homes for sale	Lexington-Fayette Property Records
Condos for sale near me	Covington, KY homes for sale	KY New Listings

Lexington homes for sale
Georgetown homes for sale
Richmond homes for sale

About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Lifestyle

Property details

Sale and tax history for 2887 Richmond Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 2887 Richmond Rd

Early Access listings

Nearby similar homes

New listings for sale in 40509

More real estate resources