Residential Land for Sale in Lexington, Kentucky

Don't miss this once in a lifetime opportunity to own 2.86 acres of prime land in the heart of Lexington just blocks from the UK campus. Includes 30 car paved parking lot which can be leased or sold for income. Explore other permitted uses including: parks and playgrounds, accessory dwelling units, swimming pools, and tennis courts, agricultural uses, private non commercial parks and open space, home offices, hiking trails and short term rentals. CONDITIONAL USES MUST ALL BE APPROVED BY PLANNINING AND ZONING including home based businesses, outdoor recreational facilities such as riding stables and campgrounds or market gardens. Portions of the property are located within a flood plain -however the current owner reports never having seen water on the land. Building a house in the flood plain or building multiple residences would require additional approval. This is a unique and versatile piece of land with exceptional potential in a highly desirable location.