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.
Vacant landProperty Type
1.3 acresLot Size
$76,923Price/Acres
Listed by Bryan Little• Keller Williams Commonwealth
Directions: From New Circle Road east, take exit 15 onto US-421, right on Richmond Road, left on Old Todds Road, first right — property will be on the left.
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
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Vacant Land
County
Fayette County
APN
38293170
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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
Feb 15, 2023 • Final
New commercial hvac
HVAC
Oct 28, 2022 • Final
Signs
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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)
37
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47
28
64
40
72
49
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90
70
86
63
82
59
70
47
57
39
46
31
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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
$90,841
$9,159 under list price of $100K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $173K to $285K.