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B-3 Commercial Outparcel
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120 Malabu Drive, Lexington, KY 40503

Zoned B-3 with cross-access and parking easements within The Venue retail development.

Property Size5,300 SF
Days on Market4

Property Features for 120 Malabu Drive

General Information

Standard status Active
Size 5,300 SF
Property subtype Padsites

Building Details

Building Size 5,300 SF
Listing Agency: NAI Isaac
Listed By: P R Smith
Source: Thebrokerlist
Added: Aug 19 Changed: Aug 22 Last Checked: Aug 22 at 3:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Isaac

Investment Insights

Based on property information with market context.

This ±0.495-acre commercial land parcel is positioned within The Venue retail development at 120 Malabu Drive. B-3 zoning applies, and the property includes cross-access and parking easements that connect it to the surrounding commercial setting.

The parcel sits in the Nicholasville Road and Malabu Drive corridor of Lexington, near established residential density, retail, dining, and other businesses. The University of Kentucky campus, with 30,000+ enrollment, is within 2 miles. Additional nearby destinations include the +1.2 Million SF Fayette Mall, Plaza at Fayette Mall, Summit at Fritz Farm, Blue Grass Airport, downtown, and Baptist Health.

Key Highlights

  • ±0.495‑acre commercial outparcel within The Venue retail development
  • B‑3 zoning supports the property's commercial land classification
  • Cross‑access and parking easements are in place

Property Analytics

Current Use

MedixDx-Malabu Dr Medical Laboratory

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Parking Lot & Garage Electrical Service Auto Parts Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,756
Businesses Nearby

Demographics for 40503, KY

28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Zoned B-3 with cross-access and parking easements within The Venue retail development.
Where is this commercial land located?
The property is located at 120 Malabu Drive Lexington, KY.
What are key features of this property?
This property features: ±0.495‑acre commercial outparcel within The Venue retail development; B‑3 zoning supports the property's commercial land classification; Cross‑access and parking easements are in place
More about this property
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