Exceptional Development Site – Heart of Lexington KY

• Prime Infill Location — Strategically positioned between Downtown Lexington and New Circle Road, in one of the city's most active redevelopment corridors.
• Opportunity to Bid Your Price — No fixed asking price; competitive bid process creates potential for favorable acquisition economics.
• Perfect Location for Private School or Training Center – Owner Users Take Note!
• Revitalized Commercial & Healthcare District — Surrounded by growing healthcare, investment and commercial investment, driving long-term value appreciation.
• Excellent Access & Ingress/Egress – Three street curb cuts – Harrodsburg Rd, Clays Mill Rd and McCubbing Dr provide tremendous access.
• All Major Utilities In Place — Electric, natural gas, sewer, telephone, and cable available onsite — reducing infrastructure costs and time to market.
• Rezoning Upside — Current R-1 zoning presents a clear path to seek rezoning for higher-density residential, mixed-use or healthcare-related uses.
• Flexible Disposition or Hold Strategy — Suitable for immediate redevelopment, land banking, or phased development plays.
• 40,518 SF Adaptive Reuse Candidate — Single-story footprint offers flexibility for conversion to multifamily, medical office, community or mixed-use.
• Multiple Roadway Access Points — Superior site connectivity supports high-traffic uses and simplifies civil engineering for redevelopment.
• Heart-of-Lexington Positioning — Located in a high-visibility, high-demand urban corridor with strong demographics and built-in daytime population.
• Healthcare District Momentum — Situated between St. Joseph Health, Lexington Clinic & UK Healthcare campuses provide growth & creates natural demand drivers for medical office, assisted living, or wellness-oriented development.
• Clean Slate, Big Canvas — Decommissioned in 2025, the property is ready for a new chapter — with nearly 5 acres of urban land rarely available at this scale in Lexington.
• Free & Clear Title – Title Commitment – ALTA Survey – ESA Ph. I Available

   

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Kelly Toney, CAI

Kelly Toney, CAI: Tranzon Asset Advisors

713-816-1123 ktoney@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

• Buyer's Premium: 6% Buyers Premium based on the high bid.
• Closing: 35-Day closing, sold in As-Is condition, no contingencies.
• Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
• Buyer Agent Compensation: N/A
• Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
• Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.