1163 Floyd Drive, Lexington, KY 40505 (MLS# 1310725)

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.