1116 KY Highway 1273 - Commercial LAND FOR SALE


Danville, KY 40422 846,371 SF
$750,000 USD
859-339-8105
1116 KY Highway 1273, Danville, KY for Sale
$750,000 USD
Commercial LAND - FOR SALE
1/13
846,371 SF

1116 KY Highway 1273
Danville, KY 40422


HIGHLIGHTS

  • 26 Approved Residential Lots on ±20 acres in Lincoln County, KY
  • Prime location between Stanford and Danville, minutes to U.S. 27 and KY-150
  • Utilities available: water, electric, and high-speed internet nearby
  • Gently rolling, buildable terrain ideal for new construction
  • Strong local housing demand driven by job and population growth
  • Close to Centre College, Ephraim McDowell Health, and Danville Airport

OVERVIEW

Presenting an exceptional opportunity to acquire a 26-lot residential development tract strategically located in the heart of Central Kentucky, just minutes from both Stanford and Danville. This ±20-acre undeveloped parcel represents a rare chance for builders, investors, or developers to capitalize on the region’s strong demand for new housing inventory. The property is situated along State Highway 1273, providing quick access to U.S. 27, KY-150, and the expanding Danville retail corridor, where major national tenants such as Walmart, Lowe’s, Starbucks, and Chick-fil-A are driving continued growth. The site’s gently rolling topography, rural views, and convenient location make it ideal for a new residential subdivision that blends country living with easy urban access. Location Highlights Just 10 minutes to Danville – one of Central Kentucky’s most active small cities with a strong employment base and medical, educational, and retail anchors. Centre College, Ephraim McDowell Regional Medical Center, and Boyle County Industrial Park are major employment hubs supporting consistent housing demand. Less than 45 minutes to Lexington via U.S. 27, providing access to regional amenities while maintaining small-town affordability. Near the Danville-Boyle County Airport, facilitating business travel and logistics opportunities. Stanford and Danville serve as the economic and cultural center for Lincoln and Boyle Counties, drawing professionals, educators, and healthcare workers. Residential absorption in the area remains high, with limited new construction inventory available in the sub-$400K range — creating a prime window for new development. Property Overview 26 Planned Residential Lots with preliminary engineering completed. Total Site Area: ±20 acres (to be verified by survey). Utilities: Water, electric, and high-speed internet available along KY-1273. Topography: Gently rolling with excellent drainage and buildable elevations. Zoning: Residential (Lincoln County). Access: Direct frontage along State Highway 1273, connecting to U.S. 27. Surroundings: Mix of residential, agricultural, and small commercial uses, ideal for a new neighborhood concept. Market Context Central Kentucky continues to experience steady population and employment growth, driven by expansions in education, healthcare, and light manufacturing. Corning Glass in nearby Harrodsburg recently expanded operations to supply Apple with Gorilla Glass components, reinforcing strong regional job creation. Combined with the growth of Centre College and the Danville-Boyle County Economic Development Authority’s industrial recruitment efforts, the demand for new single-family housing continues to outpace supply. Residential lots in Danville and Lincoln County remain scarce, particularly those with utility access and proximity to major corridors. This site provides developers an efficient path to deliver new product in a high-absorption area with excellent long-term growth fundamentals. Development Potential The proposed 26-lot layout has been conceptually designed to maximize usability and aesthetic appeal while maintaining infrastructure efficiency. The property’s natural contour allows for attractive homesites with minimal grading, and the proximity to existing residential development simplifies utility extension. With appropriate subdivision approvals and modest infrastructure investment, the site could be developed into a mix of entry-level and mid-range homes, addressing the region’s strongest segment of demand. Builders can expect healthy absorption rates and sustainable pricing in line with nearby comparable sales. Access & Surroundings The property benefits from easy access to: Downtown Stanford – 5 minutes Danville Retail District – 10 minutes Centre College Campus – 10 minutes Ephraim McDowell Hospital – 12 minutes Lexington, KY – 45 minutes Nearby amenities include shopping, dining, schools, parks, and healthcare services, making this an attractive residential setting for commuters and families seeking a balance between small-town living and regional connectivity. Investment Summary Asking Price: $750,000 Total Lots: 26 Total Acreage: ±20 acres Zoning: Residential (Lincoln County) Price per Lot: Approx. $28,800 Broker: Tanner Good, KYCB Commercial Brokers This tract is offered free and clear of existing structures and can be purchased outright for immediate development or land banking. At an average of under $30,000 per planned lot, the site provides an attractive entry point relative to comparable subdivision-ready land in Central Kentucky. Why It Matters This offering aligns with the sustained regional push toward new residential development outside Lexington’s urban core. As housing costs in larger metros rise, markets such as Stanford, Danville, and Harrodsburg are absorbing new households seeking affordability, accessibility, and community-scale living. Whether you are a builder, developer, or long-term investor, this 26-lot subdivision represents an excellent opportunity to participate in Central Kentucky’s next phase of growth. For more information or to schedule a site tour, contact: Tanner Good | Principal Broker KYCB Commercial Brokers 129 N 4th St. Danville, KY Danville, KY 40422 ?? 859-339-8105 | ?? tanner@kycb.net www.KYCB.net

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/ACRE

$38,600/AC

PRICE/SF

$0.89 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

26-Lot Subdivision Opportunity | Undeveloped

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Hold for Development, Agricultural

LAND ACRES

19.43 AC

LAND SF

846,371 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Cable, Telephone

ZONING

-

APN/PARCEL ID

14-011

ASK ABOUT THIS PROPERTY

Tanner GoodKYCBMore Info
859-339-8105

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Tanner GoodKYCBMore Info
859-339-8105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.