1163 Floyd Drive, Lexington, KY 40505

$1,100,000
Property Type: Commercial Sale Square Footage: 36,284 Lot Size (sq. ft.): 126,760 Status: Closed
Current Price: $1,100,000 List Date: 5/29/2013 Last Modified: 9/03/2025

Overview

Description

36,284 s.f. warehouse on 2.91 acres of Light Industrial Land fully leased through December 31, 2016. Great NNN investment property for a 1031 exhange. Large showroom with glass frontage. 3 secure dock doors,

Listing Details MLS# 1310725

Listing Information

Property Sub Type
Industrial

Status Change Information

Price Change Timestamp
2014-02-27T15:51:31Z
Status Change Timestamp
2014-01-28
Purchase Contract Date
2013-12-24
Close Date
2013-12-27
Close Price
1100000
Buyer Financing
Conventional

Address

County
Fayette
Street Number
1163
Street Name
Floyd
Street Suffix
Drive
State
KY
Zip Code
40505
Parcel Number
11102300

Contract

Original List Price
1200000
Start Showing Date
2013-05-15
Listing Contract Date
2013-05-15
Listing Agreement
Exclusive Right To Sell
Owner Name
US Crash Parts Prop LLC
Occupant Type
Occupied
Office Exclusive YN
No
List Price/SqFt
33.07
Sold Price/SqFt
30.32
SP/LP
0.92

Tax Legal

MLS Area Major
002 - Fayette County NE
Subdivision Name
Commercial

Interior

Living Area
36284
Building Area Total
36284

More Information

Parking Information

Parking Total
20

Building

Year Built
1960
Stories Total
Yes

Lot

Lot Size Acres
2.91
Lot Size Square Feet
126759.72

Utilities

Cooling YN
Yes
Electricity Available
Yes
Natural Gas Available
Yes
Phone Available
Yes
Water Available
Yes

Remarks

Public Remarks
36,284 s.f. warehouse on 2.91 acres of Light Industrial Land fully leased through December 31, 2016. Great NNN investment property for a 1031 exhange. Large showroom with glass frontage. 3 secure dock doors,

Building and Property Details

# of Dock Doors
3
Maximum Ceiling Height
16
Retail SqFt
4000
Warehouse SqFt
32284

Showing Information

Showing Instructions
Call LA

Tax & Legal

Tax Rate
1.14
Zoning Description
Light Industrial
Directions
Located just off of New Circle Road just past Greens Toyota on Floyd Drive

Association/Community

Number Of Buildings
1

Construction Materials

Block
Yes
Steel Frame
Yes

Possession

Negotiable
Yes

Roof

Flat
Yes
Membrane
Yes

Security Features

Fire Sprinkler System
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Water Heater

Water Heater
Yes

Building Features

Concrete Floor
Yes

Business Type

Industrial
Yes
Warehouse
Yes

Ceiling

Dropped
Yes
Open
Yes

Docks

1-3 Docks
Yes

Electric

3 Phase
Yes

Existing Lease Type

NNN
Yes

Sale Includes

Building(s)
Yes
Land
Yes

Tenant Pays

Common Area Maintenance
Yes
Electricity
Yes
Gas
Yes
Insurance
Yes
Sewer
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Phone Available; Water Available; Electricity Available; Natural Gas Available; Phone Available; Water Available Building Features: Concrete Floor Business Type: Industrial; Warehouse Ceiling: Dropped; Open Construction Materials: Block; Steel Frame Docks: 1-3 Docks Electric: 3 Phase Existing Lease Type: NNN Possession: Negotiable Roof: Flat; Membrane Sale Includes: Building(s); Land Security Features: Fire Sprinkler System Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Common Area Maintenance; Electricity; Gas; Insurance; Sewer; Taxes; Trash Collection; Water Water Heater: Water Heater
Listing Office: The Gibson Company
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.