120 Malabu Dr Lexington, KY 40503
Property Lookup
Property profile & analytics
120 Malabu Dr Lexington, KY 40503
- Commercial land
- 0.50 lot acres
Property ID
US34-0484656
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- MedixDx-Malabu Dr / Medical Laboratory
Property Details for 120 Malabu Dr
- Lot size
- 0.50 lot acres
- Zone code
- B-3
- Property type
- Commercial land
- APN
- 38273860
- APU
- 38273860
Description
This exceptional retail opportunity presents 5,300 square feet of brand-new, versatile space within The Venue, situated on Nicholasville Road in Lexington, Kentucky. The property boasts a prime location within a high-traffic retail corridor, experiencing approximately 45,326 vehicles per day. This ensures strong daytime and evening visibility, benefiting from both robust commuter and residential traffic. The space is divisible, with a minimum leasable area of 1,500 square feet and a maximum contiguous space of 5,300 square feet, offering flexibility for various business needs. The entire 5,300 square feet is currently vacant and ready for immediate occupancy. The 0.495-acre lot houses a single building, zoned for commercial use. This location benefits from its proximity to major retail centers, including the Fayette Mall (over 1.2 million square feet), Plaza at Fayette Mall, and Summit at Fritz Farm, as well as the University of Kentucky, Blue Grass Airport, downtown Lexington, and Baptist Health. The address is 120 Malabu Dr, Lexington, KY 40503, conveniently located off Nicholasville Road and within New Circle Road. The property's classification includes retail, office, and restaurant uses, making it suitable for a wide range of businesses. The property is classified as both retail and executive office space, and is a freestanding building with multiple tenancy options.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.5184
- Latitude
- 38.0027
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,901
$0.00
$0.00
$396,300
-
$0.00
$0.00
$396,300
