120 Malabu Drive, Lexington, KY 40503

$1,000,000
Property Type: Land Lot Size (sq. ft.): 21,562 Status: Active
Current Price: $1,000,000 List Date: 8/31/2026 Last Modified: 9/03/2026

Overview

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 loc ...

Listing Details MLS# 26023810

Listing Information

Comp Sale YN
No
Property Sub Type
Unimproved Land

Status Change Information

Status Change Timestamp
2026-08-31

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

Original List Price
1000000
Start Showing Date
2026-08-31
Listing Contract Date
2026-08-31
Listing Agreement
Exclusive Right To Lease
Office Exclusive YN
No
List Price/Acre
2020202.02
List Price/SqFt
46.38

Tax Legal

MLS Area Major
003 - Fayette County SE

Lot

Lot Size Acres
0.495
Lot Size Square Feet
21562.2
Conservation Easement YN
No
Elevation Units
Feet

More Information

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

Property Features

Current Use: Vacant Possible Use: Professional; Other Special Listing Conditions: Auction Showing Requirements: Show Anytime

Documents

View Document Auction Terms & Conditions ›
View Document Realtor Participation Form ›
View Document Covenants/Restrictions/Easements ›
View Document 1st Amendment of Covenants ›
View Document 2nd Amendment of Covenants ›
View Document Development Plan ›
View Document Sample Site Plan ›
View Document 5th Amendment ›
Listing Office: Rector Hayden Realtors
Last Updated: September - 03 - 2026
Information deemed reliable but not guaranteed.
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