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Industrial Yard with Warehouse Storage

1045 Higbee Mill Road, Lexington, KY 40503

For Lease
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Gravel-surfaced outdoor space is paired with warehouse storage for equipment, trailers, materials, or contractor staging.

Space Size9,400 SF
Days on Market30

Property Features for 1045 Higbee Mill Road

General Information

Standard status Active
Size 9,400 SF
Property subtype Special Purpose, Industrial, Retail

Space & Availability

Space Use Industrial
Available From Immediate

Site & Location

Neighborhood Higbee Mill Nghd Assoc
Highway Access Yes
Road Access Yes
Outdoor Storage Yes

Spaces For Lease

at 1045 Higbee Mill Road
Space 1 Active
Size 9,400 SF
Contact us
Listing Agency: Cynthia England
Listed By: Cindy England
Source: Crexi
Added: Oct 12 Changed: Nov 8 Last Checked: Nov 10 at 8:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cynthia England

Rey
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Investment Insights

Based on property information with market context.

This industrial property combines outdoor storage space with warehouse storage, offering a gravel-surfaced yard for equipment, trailers, materials, or fleet parking. The configuration also supports contractor staging and other industrial outdoor storage needs. Immediate occupancy is available.

The property is on the south side of Lexington, with access to Harrodsburg Road, Nicholasville Road, and New Circle Road. Its location provides regional connectivity and is minutes from downtown Lexington.

Key Highlights

  • Industrial outdoor storage with warehouse space
  • Existing gravel surface
  • Immediate occupancy available

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Industrial properties

Suggested Use

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

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

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

Demographics for 40503, KY

28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$10.17 /SF/Yr
Avg Asking Price
$6–$22.08 /SF/Yr
Price Range
20,455 SF
Avg Space Size

Average Price Trend$/SF/Yr for Industrial properties in Lexington, KY

$11.3 Jul
$11.31 Aug
$11.82 Sep
$10.55 Oct

Properties on Market for Industrial properties in Lexington

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Industrial property - Gravel-surfaced outdoor space is paired with warehouse storage for equipment, trailers, materials, or contractor staging.
Where is this industrial property located?
The property is located at 1045 Higbee Mill Road Lexington, KY.
What are key features of this property?
This property features: Industrial outdoor storage with warehouse space; Existing gravel surface; Immediate occupancy available
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