R-3 Zoned Infill Development Opportunity | N Upper Street – Lexington, KY

For Sale

717, 719, 725, 727, 729, 731 North Upper Street, Lexington, KY 40508

This Lexington property for sale is located at 717, 719, 725, 727, 729, 731 North Upper Street. The current listed sale price for R-3 Zoned Infill Development Opportunity | N Upper Street – Lexington, KY is $208,000. R-3 Zoned Infill Development Opportunity | N Upper Street – Lexington, KY is situated on a lot that is 0.23 acre in size.

Contacts

Rachel Ridd

SVN | Stone Commercial Real Estate

Property Details

  • Property Type VacantLand
  • Lot Size 0.23 Acre
  • Date Updated Jun 11, 2026
Situated along N Upper Street, just north of Downtown Lexington, these parcels are near the vibrant NoLi (North Limestone) retail corridor, offering access to local shops, restaurants, and entertainment. The area features a mix of historic homes, multifamily buildings, and ongoing urban redevelopment, making it an ideal location for infill residential development.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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

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

Attachments

Getting around

  • 81/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 80/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lexington, KY
  • Neighborhood Brucetown
  • Zip Code 40508
  • Market Lexington

Points of Interest

  • Speedway

    0.14 miles

  • Marathon

    0.69 miles

  • Lex Express

    0.95 miles

  • Kroger

    1.16 miles

  • Shell

    1.48 miles

  • Thorntons

    1.52 miles

  • Tesla Supercharger

    4.38 miles

  • ChargePoint

    4.95 miles

  • Courthouse Plaza

    0.93 miles

  • Victorian Square parking garage

    0.96 miles

  • LFUCG Garage

    1.05 miles

  • Helix Parking Garage

    1.05 miles

  • Library Parking

    1.05 miles

  • Phoenix Lot

    1.08 miles

  • Calvary Baptist Churc

    1.16 miles

  • Central Bank Center Parking Garage

    1.16 miles

  • Rupp Arena Parking Lot

    1.19 miles

  • Rupp Arena

    1.21 miles

  • The Sire Hotel

    0.81 miles

  • Catalina Motel

    0.92 miles

  • 21c

    0.98 miles

  • Residence Inn Lexington City Center

    1.01 miles

  • Hilton Lexington/Downtown

    1.04 miles

  • Lexington Marriott City Center

    1.04 miles

  • Hyatt Regency Lexington

    1.12 miles

  • Bourbon Hous

    1.32 miles

  • Courtyard

    1.36 miles

  • Candlewood Suites Lexington

    1.38 miles

  • Wine + Market

    0.90 miles

  • Walmart Supercenter

    0.95 miles

  • Ross

    0.97 miles

  • Aguacalientes Grocery

    1.15 miles

  • ALDI

    1.18 miles

  • Kroger

    1.27 miles

  • Wildcat Pantry

    2.01 miles

  • Lucky

    2.21 miles

  • Stop & Shop

    2.23 miles

  • Big Lots

    3.61 miles

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.