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30875402
30875403

719 N Upper St, Lexington, KY 40508

RR
KN 287622
SVN | Stone Commercial Real Estate
JR
KY 245 461
SVN | Stone Commercial Real Estate
Listed by SVN | Stone Commercial Real Estate
$208,000
88 days on market
Updated 87 days ago
Opportunity zone

R-3 Zoned Infill Development Opportunity

Details
Property Type Land
Sub Type Residential
Acreage 0.227
Zoning R3

*** SIX LOTS: 0.227 acres ***

Marketing description

*** SIX LOTS ***

A rare opportunity to acquire a collection of adjacent vacant lots along N. Upper Street, just minutes from Downtown Lexington and the revitalizing North Limestone (NoLi) corridor. Totaling ±0.2273 acres across four parcels, these R-3 zoned lots offer strong potential for infill residential development in a neighborhood experiencing growing momentum and ongoing reinvestment.

Property Breakdown:
717–719 N. Upper St: ±0.0781 acres
725–727 N. Upper St: ±0.0758 acres
729 N. Upper St: ±0.0367 acres
731 N. Upper St: ±0.0367 acres
Total: ±0.2273 acres

Ideally situated within walking distance of Greyline Station and an emerging mix of local restaurants, breweries, coffee shops, and retailers, these parcels benefit from an established urban neighborhood feel with the energy of a corridor on the rise. The surrounding area features a compelling mix of historic homes, multifamily properties, and active redevelopment — creating a natural fit for new construction that complements the character of the neighborhood. With R-3 zoning and multiple adjacent lots, developers have the flexibility to pursue a variety of infill residential concepts in a highly central location with strong urban residential demand and convenient access to public transit and downtown amenities.

Investment highlights

Four adjacent R-3 zoned infill lots totaling ±0.2273 acres
Located along N. Upper Street just minutes from Downtown Lexington
Within walking distance of Greyline Station and the emerging NoLi corridor
Surrounded by a mix of historic homes, multifamily properties, and active redevelopment
Strong urban residential demand with convenient access to public transit
Flexible R-3 zoning supports a variety of infill residential development concepts
Located within a federally designated Opportunity Zone — potential tax advantages for qualifying investments
Well-positioned for new construction that complements a neighborhood on the rise

Listing Contacts

RR
KN 287622
SVN | Stone Commercial Real Estate
JR
KY 245 461
SVN | Stone Commercial Real Estate
Listed by SVN | Stone Commercial Real Estate

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