Excellent Development Site in Central Healthcare District, Lexington, KY
Listing ID#: 857721

Sale Location
Sealed Bid Auction
Lexington, KY 40504
Sale Dates and Times
Bidding Starts: Tuesday May 5, 9:00 AM
Bidding Ends: Tuesday May 5, 5:00 PM
Sale Type
 Online Auction 
Company Information
Tranzon Asset Advisors

Contact: Edward Durnil
Phone: 270-769-0284
Email: tgreenwell@tranzon.com
Website: www.tranzon.com

EstateSale.com ID#: 9317
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Listing Terms and Conditions
6% Buyers Premium based on the high bid and other terms apply.
Listing Information

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

 

 

Property is being Sold in Cooperation with Schrader Commercial Properties, LLC | James Schrader, President

 

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

 

6% Buyers Premium based on the high bid and other terms apply. 

Contact Kelly Toney at 713-816-1123 or ktoney@tranzon.com

Property Previews: Tuesday, April 21st at 12:00pm ET and Tuesday April 28th at 12:00pm ET

 

Sealed Bids Due By May 5th at 4:00pm ET

 

 

 

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Excellent Development Site in Central Healthcare District, Lexington, KY

Tranzon Asset Advisors

Tranzon Asset Advisors


Contact: Edward Durnil
Phone: 270-769-0284
Sale Location
Sealed Bid Auction
Lexington, KY 40504
Sale Dates and Times
Sale Terms and Conditions
6% Buyers Premium based on the high bid and other terms apply.
Listing Details

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

 

 

Property is being Sold in Cooperation with Schrader Commercial Properties, LLC | James Schrader, President

 

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

 

6% Buyers Premium based on the high bid and other terms apply. 

Contact Kelly Toney at 713-816-1123 or ktoney@tranzon.com

Property Previews: Tuesday, April 21st at 12:00pm ET and Tuesday April 28th at 12:00pm ET

 

Sealed Bids Due By May 5th at 4:00pm ET

 

 

 

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Excellent Development Site in Central Healthcare District, Lexington, KY
 Online Only Auction
 
Sale Date(s)
Bidding Starts: Tuesday May 5 , 9:00 AM
Bidding Ends: Tuesday May 5 , 5:00 PM
Sale Location
Sealed Bid Auction
Lexington, KY 40504
Company
Listing Terms and Conditions
6% Buyers Premium based on the high bid and other terms apply.

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

 

 

Property is being Sold in Cooperation with Schrader Commercial Properties, LLC | James Schrader, President

 

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

 

6% Buyers Premium based on the high bid and other terms apply. 

Contact Kelly Toney at 713-816-1123 or ktoney@tranzon.com

Property Previews: Tuesday, April 21st at 12:00pm ET and Tuesday April 28th at 12:00pm ET

 

Sealed Bids Due By May 5th at 4:00pm ET