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

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.

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

Property Features

Business Type: Industrial; Warehouse
Listing Office: Block + Lot Homes
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.