Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    535 Brannon Rd Nicholasville, KY 40356

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Efficient Office & Warehouse Space Available

    Property size:
    7,800 SF

    Property Features for 535 Brannon Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,800 SF
    Lot Size
    63,162 SF

    We can help!

    Listing Contact
    Lesli Lawrence

    Listing Agency: Block + Lot Real Estate Listing Agent: Lesli Lawrence

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional flex space at 535 Brannon Road, Unit B, Nicholasville, KY, offers a highly desirable blend of office and warehouse functionality. The property encompasses a total of 7,800 square feet situated on a 1.45-acre lot. The first floor features two office suites, each approximately 765-1,605 square feet, leasable individually or together. Each suite includes two private offices, a conference room/large office/break room, and an open bullpen area. In addition, tenants have access to approximately 609-1,218 square feet of shared warehouse space, featuring a suspended gas heater, existing shelving, and one shared dock door. Outside storage is also a possibility. The building boasts recently updated common men's and women's restrooms and ample parking with 15 spaces, and potential for more. The property's prime location at the corner of Brannon Road and Clays Mill Extended ensures high visibility and easy access. This is a minimal-tenant-responsibility property, ideal for businesses seeking efficient, versatile space. The asking lease rate is $1750. The combination of office and warehouse space makes this an excellent opportunity for a variety of businesses. Contact us today to schedule a viewing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Inland Airborne Services Freight Service JMOORE CONSTRUCTION Construction Company Electrical Systems Inc Electrical Service

    Suggested Use

    Real Estate Agency Law Firm Building Supply Spa & Massage Center Hair Salon Nail Salon Pharmacy Kitchen & Bath Showroom HVAC Service Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nicholasville
    County
    Jessamine
    State
    Kentucky
    Longitude
    -84.57542
    Latitude
    37.96866

    Nearby Similar for Sale

    • $2,399,000
      8,576 SF

      Nicholasville Commercial Property For Sale

      High-visibility commercial property with multiple income streams in Nicholasville, KY.
      1001-1007 Elizabeth St, Nicholasville, KY 40356
      View Details
    • $950,000
      3.02 Acres

      Nicholasville Commercial Property For Sale

      Residence zoned for business, ideal for office or retail.
      2070 Vince Rd, Nicholasville, KY 41314
      View Details
    • $1,164,000
      9,721 SF

      Nicholasville Office/Commercial Building For Sale

      9700 sq ft commercial space with customization opportunity in Nicholasville.
      812 Wilmore Rd, Nicholasville, KY 40356
      View Details
    • $385,000
      Pending

      Spacious Ranch with Walk-Out Basement

      5-bedroom, 3-bathroom ranch-style home ideal for multi-generational living.
      103 Willow Dr, Nicholasville, KY 40356
      View Details
    • $229,000
      1,656 SF

      Nicholasville Garage-o-minium Storage Warehouse

      Individually owned storage warehouse with mezzanine and secure access.
      1070 Elizabeth St, Nicholasville, KY 40356
      View Details
    • $329,900
      2,176 SF

      New Duplex in Nicholasville, KY

      New duplex with two bedrooms and modern amenities in Nicholasville.
      510-512 N Central Ave, Nicholasville, KY 40356
      View Details
    • New
      $329,000
      2,135 SF

      Nicholasville Duplex with Walkout Basement

      Custom-built duplex featuring oversized garages and walkout basement.
      112 A-B Meadowlark, Nicholasville, KY 40356
      View Details
    • $339,900
      2,232 SF

      Nicholasville Duplex Investment Opportunity

      Duplex in Nicholasville with recent upgrades and convenient location.
      405-407 Maryrose Dr, Nicholasville, KY 40356
      View Details
    • $595,000

      Tenant-Occupied Industrial Property For Sale

      Tenant-occupied industrial property with lease in place until 10/31/26.
      101 Kemper Dr, Nicholasville, KY 40356
      View Details
    • Contact for pricing

      Nicholasville Industrial Space Sublease

      20,200 SF industrial space with office and warehouse areas.
      125 Macarthur Ct, Nicholasville, KY 40356
      View Details
    • $1,040,000

      Nicholasville Warehouse and Office Building

      Warehouse and office building on 2.42 acres in Nicholasville, KY.
      111 Capital Ct, Nicholasville, KY 40356
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Efficient Office & Warehouse Space Available
    Where is this commercial real estate located?
    The property is located at 535 Brannon Rd Nicholasville, KY.
    What is the asking price?
    The asking price for this property is $1,750.
    (859) 309-0099
    Request Owner's contact information
    535 Brannon Rd Nicholasville, KY 40356
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    535 Brannon Rd
    Nicholasville, KY 40356
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    535 Brannon Rd Nicholasville, KY 40356
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Lesli Lawrence
    (859) 309-0099
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!