Hwy 127 & 150 Bypass - Commercial LAND FOR SALE


Danville, KY 40422 5,793,480 SF
$9,800,000 USD
859-224-8833
Hwy 127 & 150 Bypass, Danville, KY for Sale
$9,800,000 USD
Commercial LAND - FOR SALE
1/3
5,793,480 SF

Hwy 127 & 150 Bypass
Danville, KY 40422


HIGHLIGHTS

  • High visibility, high traffic counts, and immediate connection to Danville's established retail node.
  • Adjacent to a proven retail corridor Walmart, Kroger, and Lowe's are already pulling traffic to this stretch of hwy 127.

OVERVIEW

Marketing description: Oak Trace is a rare 133± acre commercial development site with direct Highway 127 frontage in Danville, Boyle County, Kentucky — offered at $9,800,000 ($73,684/acre). Located on the primary north-south corridor between Danville and Junction City, the property sits adjacent to an established retail trade area anchored by Walmart, Lowe's, Cheddar's & Cracker Barrel. The site offers dual access via Hwy 127 and Popplewell Rd/Brenda Ave to the north, existing Highway Commercial and R-3/R-4 zoning, and direct alignment with the City of Danville's roadway and utility extension plans. The 2025 Boyle County Comprehensive Plan designates the parcel for Village Center, Village Neighborhood, and Garden Neighborhood uses — providing strong zoning predictability for any buyer. Two existing ponds, a natural creek, and mature oaks provide a compelling landscape framework. A conceptual 20-year master plan is designed and available to prospective buyers. Seller is willing to divide. Investment highlights: - Location: Danville, Boyle County, Kentucky - Total acreage: 133 ± acres. Seller willing to divide hwy 127 frontage: primary corridor between Danville and junction city - Regional access: ~35 mi south of Lexington via hwy127 - Zoning: highway commercial, r-3 & r-4 (rezoning in process) - Future land use: multiple big-box, retail, multi-family,200+ residential units (2025 comp plan) - Utilities: water + electric at perimeter; sewer extension in city plans - Proposed master plan: 20-year vision designed and available to prospective buyers - Hwy 127 frontage & dual access primary frontage on highway 127 — the major north south corridor between Danville and junction city — with secondary access via Popplewell Rd / Brenda Ave to the north. High visibility, high traffic counts, and immediate connection to Danville's established retail node. - Adjacent to a proven retail corridor Walmart, Kroger, and Lowe's are already pulling traffic to this stretch of hwy 127. Oak trace fills the missing pieces — dining, hospitality, services, and rooftops — in an established, undersupplied trade area. - Entitlements & comp plan support site is zoned highway commercial and r-3 / r-4, with rezoning in process for the balance. The 2025 Boyle county comprehensive plan designates the Parcel for village center, village neighborhood, and garden neighborhood — providing zoning predictability and regulatory support for any buyer. - Scale & flexibility for any buyer rare 133-acre contiguous Parcel with hwy 127 frontage, dual access, and a mix of commercial and residential zoning already in place. Buyer can take the entire site for a single program, phase it, or subdivide. Two existing ponds, a natural creek, and mature oaks provide a strong landscape framework for any plan. - Municipal alignment the city of Danville has incorporated this site into its roadway and utility planning. Comprehensive plan designates the Parcel for village center / village neighborhood — directly supportive of the proposed mixed-use program.

FOR SALE DETAILS

PRICE

$9,800,000 USD

PRICE/ACRE

$73,684/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Oak Trace

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Hospitality, Apartment Units, Apartment Units - Condo, Apartment Units - Senior, Bank, Bar, Bowling Alley, Car Wash, Community Center, Convenience Store, Day Care Center, Department Store, Drug Store, Fast Food, Funeral Home, General Freestanding, Health Care, Health Club, Hold for Development, Hospital, Hotel, Lodge/MeetingHall, Master Planned Community, Motel, Movie Theater, Neighborhood Center, Office Park, Open Space, Parking Lot, Planned Unit Development, Police/Fire Station, Post Office, Public Library, Public Park, Religious Facility, Restaurant, Self-Storage, Service Station, Single Family Development, Storefront, Storefront Retail/Office, Storefront Retail/Residential, Strip Center, Supermarket, Veterinarian/Kennel

LAND ACRES

133 AC

LAND SF

5,793,480 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

HC, R-3, R-4

APN/PARCEL ID

047-000-014,047-000-061

ASK ABOUT THIS PROPERTY

James PowellThe Gibson CompanyMore Info
859-224-8833

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James PowellThe Gibson CompanyMore Info
859-224-8833

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