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Flexible Industrial Building
For Sale
$2,850,000

440 E Brannon Road, Nicholasville, KY 40356

Commercial Sale, Nicholasville, KY

Property Size15,000 SF
Lot Size1.10 Acres
Price / SF$191.53
Days on Market67

Property Features for 440 E Brannon Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-2
Zoning description B-2 Highway Business District
Parking 38
Parking features Open
Security features Security System
Subdivision Brannon Crossing
Directions From Man O War left into Brannon Crossing, E Brannon, Building is on Right
Standard status Active
APN 067-00-00-001.06
Size 14,880 SF
Lot size 1.10 Acres

Utilities

Sewer type Public Sewer
Heating system Zoned, Electric (Heating), Forced Air
Cooling system Zoned, Central Air, Multi Units

Building Details

Year built 2012
Floors in Building 1
Building materials Block, Concrete
Listing Agency: Real Broker, LLC - Lexington
Listed By: Nicholas Ratliff
Added: Aug 4 Changed: Oct 2 Last Checked: Oct 9 at 11:06AM
MLS# 26021085

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2012 flex property offers a broad open interior with polished concrete and luxury vinyl flooring, creating a practical foundation for retail, office, medical, fitness, entertainment, or multi-tenant use. Block and concrete construction, zoned heating and cooling, central air, and electric forced-air heat support the building’s commercial functionality. Open parking and public sewer are also in place.

The property occupies 1.097 acres at 440 E Brannon Road in Nicholasville, within Brannon Crossing. The surrounding commercial setting includes shopping, restaurants, entertainment, medical offices, hotels, and residential communities. The site is positioned in a Central Kentucky retail and commercial destination with established visitor activity and convenient access to nearby services.

Key Highlights

  • 1.097‑acre commercial site in Brannon Crossing
  • B‑2 zoning supports a commercial property setting
  • 2012 construction with block and concrete materials

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$141,591
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,831,820 $2.8M
Cap Rate 7%
$2,022,729 $2.0M
Cap Rate 9%
$1,573,233 $1.6M
Market Conditions
NOI Build-Up for 14,880 SF
Gross rent
$214.3K $14.40/SF
− Vacancy
−$12.0K −$0.81/SF
EGI
$202.3K $13.59/SF
− OpEx
−$60.7K −$4.08/SF
NOI
$141.6K $9.52/SF
Area
Jessamine County, KY
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,831,820
Cap Rate 7%
$2,022,729
Cap Rate 9%
$1,573,233

Alternative Uses

Best Use
Retail
$2.02M
$1.77M – $2.36M (±1% cap)
NOI $141,591 @ 7.0% cap · market cap 4.97%
Second Best
Industrial
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,119 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$3.77M
$3.30M – $4.40M (±1% cap)
NOI $263,983 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Semper Fi Firearms Gun Shop Semper Fi Firearms ... Shooting Range

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby
Balanced
Demand for This Use

Demographics for 40356, KY

44,381
Population
17,934
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
90%
High-School Grad
139.5 sq mi
ZIP Area
318
Density / Sq Mi
$75,264
Median Household Income
$41,427
Median Earnings
$1,020
Median Rent
$246,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Open-plan commercial space with polished concrete, luxury vinyl flooring, B-2 zoning, and adaptable interior planning.
Where is this flex space located?
The property is located at 440 E Brannon Road Nicholasville, KY.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 1.097‑acre commercial site in Brannon Crossing; B‑2 zoning supports a commercial property setting; 2012 construction with block and concrete materials
More about this property
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