Exclusive Land Listing  ·  Danville, Kentucky

133 ± acres on Highway 127 — Central Kentucky's premier development corridor

$9.8M
Listing Price
133 ±
Acres
Hwy 127
~3,000 LF Frontage
HC + R‑3/4
Zoning
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The Opportunity

One of Central Kentucky's Most Significant Development Sites

Oak Trace is a rare 133 ± acre contiguous parcel on Highway 127 in Danville, Kentucky — zoned Highway Commercial and R-3/R-4, with a conceptual master plan in place and strong municipal alignment from day one. The City of Danville has incorporated roadway and utility extensions to this site into their active capital improvement plans.


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. Seller is willing to divide.

Scale & Flexibility
133 contiguous acres with dual access and mixed zoning. Buyer can take the full site, phase it, or subdivide.
Hwy 127 Frontage
~3,000 LF of frontage on the major north-south corridor between Danville and Junction City — high visibility, high traffic.
City Priority Site
Infrastructure support is already in motion — roadway and utility extensions are in Danville's active CIP, not contingent on a future ask.
Proven Retail Corridor
Immediately adjacent to Walmart, Kroger, and Lowe's — anchor infrastructure already in place. Oak Trace captures the demand those tenants create.
Housing Demand
Boyle County is undersupplied for price-point multi-family housing. Limited Class A product exists — this site directly answers a stated, urgent community need.
Natural Features
Two existing ponds, a natural creek, and mature oaks provide a built-in landscape framework for any development program.
Zoning & Comp Plan Support
HC and R-3/R-4 zoning in place. The 2025 Boyle County Comprehensive Plan designates the site for Village Center and Village Neighborhood — no rezoning required for the primary program.
Conceptual Master Plan
A fully developed master plan concept — two scenarios — provides a ready-made development narrative and genuine community buy-in from day one.
Property at a Glance
Listing Price $9,800,000
Price Per Acre $73,684 / acre
Total Acreage 133 ± acres
Location Danville, Boyle County, KY
Hwy 127 Frontage ~3,000 linear feet
Zoning HC + R-3 / R-4
Seller Willing to Divide Yes
Current Use Vacant Land
Utilities
Water Available at / adjacent to site
Sanitary Sewer Available at / adjacent to site
Natural Gas Available at / adjacent to site
Electric Available at perimeter
Request Full Property Package
Conceptual Master Plans

Two Development Concepts — Multiple Entry Points

Two conceptual master plan scenarios have been developed for Oak Trace — a mixed-use village concept and a dual-anchor commercial concept. Both are illustrative, not binding. The site's size, dual zoning, and dual access support a wide range of development programs, and the seller is open to a phased takedown or land banking arrangement.

Oak Trace Conceptual Master Plan Option 1 — Mixed-Use Development Concept
Option 1  ·  Mixed-Use Development Concept  ·  Studiomarc Services, Inc.  ·  Danville, KY
Oak Trace Conceptual Master Plan Option 2 — Dual-Anchor Commercial Concept
Option 2  ·  Dual-Anchor Commercial Concept  ·  Studiomarc Services, Inc.  ·  Danville, KY

For illustrative purposes only. These renderings represent possible development scenarios and do not constitute a committed development plan.

Potential Development Programs
Scenario A
Retail & Hospitality
Highway Commercial Program  ·  HC Zoning — no rezoning required
  • Grocery-anchored strip center or lifestyle retail
  • QSR and fast-casual restaurant pad sites
  • Hotel / extended stay (strong Hwy 127 corridor demand)
  • Fuel, convenience, and service commercial
  • Big box or junior anchor retail
Scenario B
Multi-Family Residential
R-3 / R-4 Density Program  ·  Undersupplied submarket
  • Market-rate apartment community (200–400 units)
  • Build-to-rent townhome development
  • Age-restricted / 55+ community
  • Workforce housing serving Danville's employer base
  • Student housing adjacent to Centre College
Scenario C
Mixed-Use Development
Phased or Master-Planned Program  ·  Site size and dual zoning support full program
  • Retail / commercial fronting Hwy 127 (HC portion)
  • Residential village behind the commercial layer
  • Medical office or healthcare campus
  • Live-work or town center configuration
  • Full mixed-use master plan supported by site size and dual zoning
Location & Market Context

Danville, Kentucky — A Growing Regional Center

Oak Trace sits at the southern gateway to Danville — the county seat of Boyle County, Kentucky — on Highway 127, approximately 35 miles south of Lexington. The site is immediately adjacent to established national retailers and designated for mixed-use development in the 2025 Boyle County Comprehensive Plan.

Highway 127 · Danville, Boyle County, Kentucky
The Market
~30,000 Boyle County residents; 5-county trade area of approximately 115,000
~35 miles south of Lexington via Hwy 127 — strong commuter and retail draw from the region
Centre College — nationally ranked private liberal arts college; significant student and faculty population
Ephraim McDowell Health — regional medical system and major employer in Boyle County
Retail gap — market is undersupplied for dining, hospitality, services, and price-point multi-family housing
Immediate Neighbors
Walmart — Adjacent to the south/southwest of the site
Kroger — Located to the northwest
Lowe's Home Improvement — Located to the northwest
Cattleman's Roadhouse & Cheddars — Adjacent dining on the corridor
Access & Municipal Support
~3,000 LF of Hwy 127 frontage — primary access with high daily traffic counts and exceptional visibility
Popplewell Road / Brenda Ave — secondary northern access connecting to the city street network
City Priority Site — Danville is actively recruiting development; roadway and utility extensions are funded and in progress
2025 Boyle County Comprehensive Plan — designates this area as Village Center and Village Neighborhood, providing zoning predictability and regulatory support
Resources

Property Documents

Download the following materials for a complete picture of the Oak Trace opportunity. Additional resources will be added as the marketing process advances.

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Oak Trace is exclusively listed by The Gibson Company. For a full property package — including the conceptual master plans, acreage details, parcel information, and pricing — please contact either of our listing agents directly or complete the inquiry form.

JP
Jim Powell
Agent · The Gibson Company
JP
Jason Powell
Agent · The Gibson Company
The Gibson Company
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