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

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.
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