2433 Nicholasville Road, Lexington, KY 40503

$950,000
Property Type: Land Lot Size (sq. ft.): 37,026 Status: Closed
Current Price: $950,000 List Date: 6/23/2011 Last Modified: 9/03/2025

Overview

Description

This property is currently under contract pending a 30 day due-diligence period. During this time, seller is accepting back-up offers. Excellent Redevelopment site! -Parcels sold as a group: (1) 2433 Nicholasville Road,(2) 98 Dennis Drive, and (3) 100 Dennis Drive. - Totaling approximately .85 acres. -Zoned B1 -Commercial. Traffic Count 42,700 (AADT) Annual Daily Traffic. Fronts Nicholasville Road. Easy Access for southbound & northbound traffic. Perfect for restaurant, business, professional uses -banks, retailers, etc. US 27-Nicholasville Rd-Highest retail traffic corridor in Lexington. Adjacent to Central KY's most successful shopping center- Fayette Mall. Nicholasville Road has several restaurants, retailers, banks, strip malls and is within 3 miles of UK Hospital, Central Baptist Hospital & downtown Lexington. Easy Access U.S. 27. Excellent visibility, adjacent to Dennis Drive. 2 miles to New Circle Rd, great retail opportuni

Listing Details MLS# 1112322

Listing Information

Property Sub Type
Unimproved Land

Status Change Information

Price Change Timestamp
2012-04-03T15:59:44Z
Status Change Timestamp
2012-04-03
Purchase Contract Date
2011-10-13
Close Date
2012-03-30
Close Price
950000
Buyer Financing
Conventional

Address

County
Fayette
Street Number
2433
Street Name
Nicholasville
Street Suffix
Road
State
KY
Zip Code
40503
Directions
Nicholasville Road/Dennis Drive
Parcel Number
11914350

Contract

Original List Price
1100000
Start Showing Date
2011-06-23
Listing Contract Date
2011-06-23
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
1294117.65
List Price/SqFt
29.71
Sold Price/Acre
1117647.06
Sold Price/SqFt
25.66
SP/LP
0.86

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Commercial

Lot

Lot Size Acres
0.85
Lot Size Square Feet
37026.03

More Information

Remarks

Public Remarks
This property is currently under contract pending a 30 day due-diligence period. During this time, seller is accepting back-up offers. Excellent Redevelopment site! -Parcels sold as a group: (1) 2433 Nicholasville Road,(2) 98 Dennis Drive, and (3) 100 Dennis Drive. - Totaling approximately .85 acres. -Zoned B1 -Commercial. Traffic Count 42,700 (AADT) Annual Daily Traffic. Fronts Nicholasville Road. Easy Access for southbound & northbound traffic. Perfect for restaurant, business, professional uses -banks, retailers, etc. US 27-Nicholasville Rd-Highest retail traffic corridor in Lexington. Adjacent to Central KY's most successful shopping center- Fayette Mall. Nicholasville Road has several restaurants, retailers, banks, strip malls and is within 3 miles of UK Hospital, Central Baptist Hospital & downtown Lexington. Easy Access U.S. 27. Excellent visibility, adjacent to Dennis Drive. 2 miles to New Circle Rd, great retail opportuni

Property Details

Electricity Voltage
11012
Floodplain YN
No
Paved Street Available YN
Yes
Railroad Available YN
No
Sidewalk Available YN
Yes
Turn Lane YN
No

Tax & Legal

Additional Parcels YN
Yes
Zoning Description
B1

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes

Special Listing Conditions

Standard
Yes

Documents

Other
Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Sewer Available; Electricity Available; Natural Gas Available; Sewer Available Special Listing Conditions: Standard Documents: Other
Listing Office: Berkshire Hathaway de Movellan Properties
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.