525 de Roode St Lexington, KY 40508
Estimated payment $483/month
About This Lot
Land available for development in downtown Lexington near the newly expanded Convention Center, Gatton Park, Historic Distillery District, Town Branch Distillery, and Central Business District! The Davis Park development has two premiere lots totaling appx. 4.4 Acres available for Ground Lease at outstanding locations.
325 Oliver Lewis Way (Lot #27) is appx 1.75 acres zoned B-3 on the corner of Oliver Lewis Way & W High Street with ingress and egress on each street. This location is growing fast and surrounded by development and ideal for retail.
525 De Roode St. (Lot #30) is appx 2.65 Acres zoned MU-2 and also sits on a corner of Oliver Lewis Way and Scott St. Oliver Lewis was recently completed and serves as a convenient connector from downtown to the University of Kentucky. This lot is ideal for a multitude of uses such as retail, office, or flex! All utilities are available to the site.
Davis Park development is home to new apartments, park with playground, and Community Center. Fayette county is limited on land opportunities such as this, especially with access to entertainment, shopping, and dining on all sides!
Property Details
Property Type
- Land
Lot Details
- 3.1 Acre Lot
- Zoning described as MU-2
Community Details
- Commercial Subdivision
Listing and Financial Details
- Assessor Parcel Number 12049050-C
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | $40,000 | $0 | $0 |
| 2023 | -- | $40,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | For Sale | $75,000 | 0.0% | -- |
| 08/15/2024 08/15/24 | Off Market | $75,000 | -- | -- |
| 08/24/2023 08/24/23 | For Sale | $75,000 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,227,576 | New Conventional |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 23016352
APN: 38293360
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