Office and Warehouse Flex
250 Crossfield Drive Versailles, KY 40383
New
250 Crossfield Drive, Versailles, KY, 40383
$1,350,000
For Sale
$1,350,000
COMMERCIAL - Versailles, KY
Property Size9,250 SF
Lot Size0.80 Acres
Price / SF$145.95
Days on Market3
Property Features for 250 Crossfield Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 30-8002-004-02
- Size
- 9,250 SF
- Lot size
- 0.80 Acres
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1989
Listing Agency
Keller Williams Commonwealth
(859) 721-2121
1908 Bryant Rd Suite 250, Lexington, KY
Listed by
Bryan Little · License #217370
(859) 619-4969
Added: Jul 15 Checked: Jul 17 at 8:06 am
MLS# 26018554
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.
Standalone office and warehouse property totaling 9,250 SF, with 3,840 SF designated office space and 5,410 SF designated warehouse space. The site spans 0.797 acres and is described as having a flexible layout, new site improvements, and potential for outdoor storage.
The property is located at 250 Crossfield Drive in Versailles, KY, adjacent to Kroger Marketplace, with convenient access to US-60 (Versailles Bypass).
This configuration supports a mix of office and warehouse needs within a single facility, with room for outdoor storage based on the site’s stated potential.
The property is located at 250 Crossfield Drive in Versailles, KY, adjacent to Kroger Marketplace, with convenient access to US-60 (Versailles Bypass).
This configuration supports a mix of office and warehouse needs within a single facility, with room for outdoor storage based on the site’s stated potential.
Key Highlights
- 9,250 SF stand‑alone office and warehouse on a 0.797‑acre site
- 3,840 SF office space and 5,410 SF warehouse space with a flexible layout
- Adjacent to Kroger Marketplace with convenient access to US‑60 (Versailles Bypass)
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.3k | $9.00 |
| − Vacancy | −$5.0k | −$0.54 |
| EGI | $78.3k | $8.46 |
| − OpEx | −$11.7k | −$1.27 |
| NOI | $66.5k | $7.19 |
9,250 SF · lease $9.00/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.86M
$1.63M – $2.17M
NOI $130,070 @ 7.0% cap · market cap 9.63%
Second Best
Warehouse
$950.2K
$831.5K – $1.11M
NOI $66,517 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$2.34M
$2.05M – $2.74M
NOI $164,102 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- sisters & friends catering — 229 Lexington Rd, Versailles, KY 40383
FAQs
What type of property is this?
Flex space - Standalone office and warehouse offering 3,840 SF office and 5,410 SF warehouse on a 0.797-acre site.
Where is this flex space located?
The property is located at 250 Crossfield Drive Versailles, KY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 9,250 SF stand‑alone office and warehouse on a 0.797‑acre site; 3,840 SF office space and 5,410 SF warehouse space with a flexible layout; Adjacent to Kroger Marketplace with convenient access to US‑60 (Versailles Bypass)
