255 S Forbes Road, Lexington, KY 40504
$4,000,000
Property Type:
Commercial Sale
Square Footage:
332,148
Lot Size (sq. ft.):
802,812
Status:
Closed
Current Price:
$4,000,000
List Date:
8/07/2018
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 1818062
Listing Information
- Property Sub Type
- Industrial
Status Change Information
- Price Change Timestamp
- 2019-05-15T19:51:48Z
- Status Change Timestamp
- 2019-05-15
- Purchase Contract Date
- 2019-04-01
- Close Date
- 2019-05-15
- Close Price
- 4000000
- Buyer Financing
- Cash
- Sale Type
- Arms Length Sale
- Concessions Comments
- n/a
Address
- County
- Fayette
- Street Number
- 255
- Street Direction Prefix
- S
- Street Name
- Forbes
- Street Suffix
- Road
- State
- KY
- Zip Code
- 40504
Contract
- Original List Price
- 4225000
- Start Showing Date
- 2018-08-07
- Listing Contract Date
- 2018-08-07
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Vacant
- Office Exclusive YN
- No
- SP/LP
- 0.95
Tax Legal
- MLS Area Major
- 004 - Fayette County SW
- Subdivision Name
- Commercial
Interior
- Living Area
- 332148
More Information
Lot
- Lot Size Acres
- 18.43
- Lot Size Square Feet
- 802811.54
Remarks
- Public Remarks
- 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.
Building and Property Details
- # of Dock Doors
- 6
- # of Drive-in Doors
- 2
Tax & Legal
- Tax Rate
- 1.0748
- Zoning Description
- I-2
- Directions
- 255 S. Forbes Road is adjacent to McConnell Springs Park and the Central Rock Quarry with 980' of frontage along S. Forbes Road running between Versailles Road and Old Frankfort Pike inside of New Circle Road.
Business Type
- Industrial
- Yes
- Warehouse
- Yes
Property Features
Business Type:
Industrial; Warehouse
Listing Office:
Block + Lot Homes
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
