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Lexington Industrial Facility on 6 Acres
For Sale
$4,500,000

510 Henry Clay Blvd, Lexington, KY 40505

Strategically located 105,804 SF industrial facility on 5.957 acres.

Property Size105,804 SF
Price / SF$42.53
Days on Market258

Property Features for 510 Henry Clay Blvd

General Information

Standard status Active
Size 105,804 SF
Property subtype Industrial
Listing Agency:
Listed By: John Bunch, SIOR
Source: Svn
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Aug 6 at 5:03AM

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 John Bunch, SIOR

Investment Insights

Based on property information with market context.

Located in Lexington, Kentucky, this industrial facility offers a low basis purchase opportunity. The property, situated on Henry Clay Boulevard, is positioned inside New Circle Road on a 5.957-acre tract. Originally constructed in 1941, the 105,804 square foot building has been used for manufacturing and distribution. The facility features heavy 480/3 phase power, a reinforced concrete slab, large clear span sections, and gas-fired forced air heat. It also includes a 12' clear height, three dock-high doors, multiple grade-level doors, over 5,000 square feet of finished office space, and full fire suppression. The property provides expansive outdoor storage capabilities and abundant parking. The site is zoned I-1 (Light Industrial) with an adaptive reuse overlay. The property benefits from a population density of over 225,000 people within a 5-mile radius. In addition to traditional industrial uses, the asset is positioned for future redevelopment opportunities. The property has 4 Megawatts of existing power with the ability to step up.

Key Highlights

  • Strategically located inside New Circle Road on a large 6‑acre tract.
  • Substantial existing infrastructure including heavy 480/3 phase power and reinforced concrete slab.
  • Over 105,000 square feet of space with large clear span sections.

Property Analytics

Current Use

Lexel Imaging Systems ... Industrial Manufacturer Lexington Makerspace Charitable Organization Wondrous Ceramics Training Center Scott Pfeiffer & Company Landscaping

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Nail Salon Travel Agency Locksmith Cosmetic Store

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

854
Businesses Nearby

Demographics for 40505, KY

26,278
Population
12,026
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,285
Density / Sq Mi
$58,922
Median Household Income
$33,517
Median Earnings
$914
Median Rent
$166,300
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Strategically located 105,804 SF industrial facility on 5.957 acres.
Where is this manufacturing property located?
The property is located at 510 Henry Clay Blvd Lexington, KY.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Strategically located inside New Circle Road on a large 6‑acre tract.; Substantial existing infrastructure including heavy 480/3 phase power and reinforced concrete slab.; Over 105,000 square feet of space with large clear span sections.
More about this property
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