$612,700
Lexington, KY 40503
MLS# 26023810
Status: Closed
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Property Description
ONLINE ONLY AUCTION!!! Online BIDDING ENDS Wednesday, September 16, 2026 at 12:00PM. Terms & Conditions are as follows: As Is/Non-Contingent/20% earnest money deposit/30 day settlement/buyer's premium applies/selling subject to seller confirmation/pre-auction offers encouraged, see terms & conditions for details. Visit www.HalfhillAuctions.com for more information. Kristin Halfhill-Larimore, Principal Auctioneer, 859-333-1855. Prime Lexington Commercial Outparcel - Online Only Auction! Don't miss this rare opportunity to acquire a ±0.495-acre commercial outparcel in the highly desirable Nicholasville Road and Malabu Drive corridor! Zoned B-3 with cross access and parking easements, this strategically positioned property offers an excellent opportunity for investors, developers, and business owners seeking a presence in one of Lexington's most established and sought-after commercial areas. Surrounded by strong residential density, retail, dining, and established businesses, the location provides tremendous potential for future development or investment. "Sample Site Plan" is not warranted/guaranteed. Buyer must confirm all projected builds with Planning & Zoning.
Details
Documents
Listing Information
Comp Sale YN: No
Property Sub Type: Unimproved Land
Status Change Information
Status Change Timestamp: 2026-10-16
Purchase Contract Date: 2026-09-16
Close Date: 2026-10-15
Close Price: 612700
Buyer Financing: Cash
Sale Type: Auction Sale
Address
County: Fayette
Street Number: 120
Street Name: Malabu
Street Suffix: Drive
State: KY
Zip Code: 40503
Directions: From Nicholasville Road inbound, right on Malabu Drive, The Venue shopping center is on the right, outparcel sits behind the Dollar Tree.
Parcel Number: 38273860
Contract
Current Price: $612,700
Original List Price: 1000000
Status: Closed
Start Showing Date: 2026-08-31
Listing Contract Date: 2026-08-31
Sold Price: $612,700
Listing Agreement: Exclusive Right To Lease
Office Exclusive YN: No
List Price/Acre: 2040816.33
List Price/SqFt: 46.38
Sold Price/Acre: 1250408.16
Sold Price/SqFt: 28.42
SP/LP: 0.61
Lot
Lot Size Acres: 0.495
Lot Size Square Feet: 21562.2
Conservation Easement YN: No
Elevation Units: Feet
Remarks
Public Remarks: ONLINE ONLY AUCTION!!! Online BIDDING ENDS Wednesday, September 16, 2026 at 12:00PM. Terms & Conditions are as follows: As Is/Non-Contingent/20% earnest money deposit/30 day settlement/buyer's premium applies/selling subject to seller confirmation/pre-auction offers encouraged, see terms & conditions for details. Visit www.HalfhillAuctions.com for more information. Kristin Halfhill-Larimore, Principal Auctioneer, 859-333-1855. Prime Lexington Commercial Outparcel - Online Only Auction! Don't miss this rare opportunity to acquire a ±0.495-acre commercial outparcel in the highly desirable Nicholasville Road and Malabu Drive corridor! Zoned B-3 with cross access and parking easements, this strategically positioned property offers an excellent opportunity for investors, developers, and business owners seeking a presence in one of Lexington's most established and sought-after commercial areas. Surrounded by strong residential density, retail, dining, and established businesses, the location provides tremendous potential for future development or investment. "Sample Site Plan" is not warranted/guaranteed. Buyer must confirm all projected builds with Planning & Zoning.
Showing Information
Showing Instructions: Show anytime, vacant land
Tax Legal
MLS Area Major: 003 - Fayette County SE
Property Features
Current Use: Vacant
Possible Use: Professional; Other
Special Listing Conditions: Auction
Showing Requirements: Show Anytime
Auction Terms & Conditions 
Listing Office: Rector Hayden Realtors
Last Updated: October - 16 - 2026
Information deemed reliable but not guaranteed.