255 S Forbes Road Lexington, KY 40504

$4,225,000
255 S Forbes Road, Lexington, KY 40504
1818062

Commercial Property for sale in Lexington, KY

for $4,225,000. This 332,148 square foot building was built on a lot size of 18.43 Acre(s).

Property Information

  • $4,225,000
  • Commercial
  • 332,148 Square Feet
  • Industrial
  • Active
  • Lot size of 18.43 Acre(s)
  • Lexington, KY
  • Fayette County
  • MLS/Web ID is 1818062

Description

Two Primary Industrial Buildings: 1) 51, 600 SF with 4 dock doors, 1 drive-in door 2) 52, 050 SF with 4, 582 SF Office, 2 dock doors, 1 drive-in door on a 18.43 Acre Site, I-2 Zoning (Heavy Industrial). Highlights: There are 9 secondary warehouses on the property, each approximately 25, 000 SF and with useful life remaining to accommodate storage. If additional storage is not a necessity, the 9 secondary warehouses could be taken down by Buyer to accommodate development of additional primary Industrial Buildings. Great opportunity to develop an I-2/Heavy Industrial zoned Industrial Park.

Miscellaneous 1

Occupied

  • Vacant

† Excluded Feature

Listed By

Broker: BLOCK + LOT REAL ESTATE

255 S Forbes Road, Lexington, KY, 40504 is a Commercial Property for sale at $4,225,000 with 332,148 sqft and a lot size of 18.43 Acre(s). 255 S Forbes Road has 0.0 baths. The property's zip code is 40504 which is in Lexington, KY

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Market Pricing

Average % of sale price Median % of sale price
All listings in Lexington $571,264 86 % below $319,250 92 % below
Commerical listings in Lexington $1,517,151 64 % below $750,000 82 % below

Get the facts about Lexington, KY!

Population 309,571
Population Growth (since 2000) 19 %
Median Income $49,858
Median Age 34.93
Households w/ Children 27 %

Residential Dwellings

  • Owned 72258
  • Vacant 11425
  • Rented 56664

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