424 Fairman Court, Lexington, KY 40511
$880,000
Property Type:
Commercial Sale
Square Footage:
60,000
Lot Size (sq. ft.):
123,275
Status:
Closed
Current Price:
$880,000
List Date:
5/05/2011
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 1108943
Listing Information
- Property Sub Type
- Warehouse
Status Change Information
- Price Change Timestamp
- 2013-10-25T18:47:52Z
- Status Change Timestamp
- 2013-10-25
- Purchase Contract Date
- 2013-09-25
- Close Date
- 2013-10-25
- Close Price
- 880000
- Buyer Financing
- Conventional
Address
- County
- Fayette
- Street Number
- 424
- Street Name
- Fairman
- Street Suffix
- Court
- State
- KY
- Zip Code
- 40511
- Parcel Number
- 16912700
Contract
- Original List Price
- 1400000
- Start Showing Date
- 2011-05-05
- Listing Contract Date
- 2011-05-05
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- List Price/SqFt
- 23.33
- Sold Price/SqFt
- 14.67
- SP/LP
- 0.63
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
- Subdivision Name
- Commercial
Interior
- Living Area
- 60000
- Building Area Total
- 60000
More Information
Parking Information
- Parking Total
- 56
Building
- Year Built
- 1974
- Stories Total
- Yes
Lot
- Lot Size Acres
- 2.83
- Lot Size Square Feet
- 123274.91
Utilities
- Cooling YN
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Water Available
- Yes
Remarks
- Public Remarks
- ABSOLUTE AUCTION: This property to be sold at ABSOLUTE AUCTION on Wednesday, September 25th at 12:00 NOON with no minimum bid or reserve.SALETERMS: As is/Non-contingent/10% earnest money deposit/30 day settlement/10% buyer's premium added to all offers and included in the total contract price. Jim Halfhill, Sr. Principal Auctioneer. Much desired location in Lex., Ky. Close to I75, I64, New Circle Rd. and railroad. Easy access to airport in Lex.,KY.,Cin.,OH. and Louisville, KY. 3 phase electric, sprinkler system, remote controlled camera survailance system and fire monitoring system. 2-3 drive-in doors, 6-8 dock doors. Ceiling ht.23' at peak. Nice 2,000 s.f. apart. or office upstairs.It also has sprinklers. 2,000 s.f. office below has outside entrance. Forced air gas or efficient 500,000 btu oil burner. Pitch roof of ribbed steel with skylights. Expensive microwave internet with high speed.
Building and Property Details
- Railroad Siding YN
- Yes
- Maximum Ceiling Height
- 23
- Warehouse SqFt
- 56000
- Electricity Phase
- 3
Tax & Legal
- Tax Rate
- 1.0951
- Zoning Description
- I-1
- Directions
- New Circle Rd., to Georgetown Road outbound, left on Mercer, right on Fairman Road, right on Fairman Ct. Building at end of street.
Association/Community
- Number Of Buildings
- 1
Construction Materials
- Block
- Yes
- Steel Frame
- Yes
Parking Features
- Paved
- Yes
Roof
- Metal
- Yes
Security Features
- Fire Sprinkler System
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Auction
- Yes
- Standard
- Yes
Water Heater
- Water Heater
- Yes
Building Features
- Concrete Floor
- Yes
Business Type
- Warehouse
- Yes
Ceiling
- Dropped
- Yes
- Open
- Yes
Docks
- Over 10 Docks
- Yes
Electric
- 3 Phase
- Yes
Sale Includes
- Building(s)
- Yes
- Equipment
- Yes
- Land
- 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:
Warehouse
Ceiling:
Dropped; Open
Construction Materials:
Block; Steel Frame
Docks:
Over 10 Docks
Electric:
3 Phase
Parking Features:
Paved
Roof:
Metal
Sale Includes:
Building(s); Equipment; Land
Security Features:
Fire Sprinkler System
Sewer:
Public Sewer
Special Listing Conditions:
Auction; Standard
Water Heater:
Water Heater
Listing Office:
Rector Hayden Realtors
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.