Industrial Warehouse
For Lease
Contact for pricing
255 S Forbes Road, Lexington, KY 40504
Commercial Lease, Lexington, KY
Space Size11,128 SF - 153,459 SF
Lot Size17.84 Acres
Days on Market230
Property Features for 255 S Forbes Road
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning description
I-2 Heavy Industrial
Subdivision
Commercial
Directions
255 S. Forbes Road is adjacent to McConnell Springs Park and the Central Rock Quarry with 980' of frontage along S. Forbes Road running between Versailles Road and Old Frankfort Pike.
Standard status
Active
APN
38283600-8
Size
30,431 SF
Lot size
17.84 Acres
Building Details
Floors in Building
1
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Peter Barr · License #65116
(859) 351-7924
Added: Mar 2
Changed: Oct 2
Last Checked: Oct 18 at 4:06AM
MLS# 26003818
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.
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Investment Insights
Based on property information with market context.
Buildings 3–12 at Forbes Business Center provide warehouse configurations ranging from 11,128 to 153,459 square feet, along with renovated North and South Office suites measuring 405 to 2,142 square feet. Features include 14-foot clear heights, side-load exterior truck docks, and drive-in doors, with potential for additional doors. A 0.68-acre fenced and secured outdoor storage lot expands the available storage options. The property is zoned I-2 for heavy industrial use.
The 17.84-acre property has 980 feet of frontage along S. Forbes Road, between Versailles Road and Old Frankfort Pike, inside New Circle Road. It is adjacent to McConnell Springs Park and Central Rock Quarry, approximately 1 mile west of the Central Business District and Downtown, and near the Distillery District. The University of Kentucky is 1.8 miles south, Bluegrass International Airport is 5 miles east, and Interstates 75/64 are 5.4 miles away via the Newtown Pike Extension.
The 17.84-acre property has 980 feet of frontage along S. Forbes Road, between Versailles Road and Old Frankfort Pike, inside New Circle Road. It is adjacent to McConnell Springs Park and Central Rock Quarry, approximately 1 mile west of the Central Business District and Downtown, and near the Distillery District. The University of Kentucky is 1.8 miles south, Bluegrass International Airport is 5 miles east, and Interstates 75/64 are 5.4 miles away via the Newtown Pike Extension.
Key Highlights
- Warehouse buildings range from 11,128 to 153,459 SF
- Renovated office suites range from 405 to 2,142 SF
- 0.68‑acre fenced and secured outside storage lot
Property Analytics
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Current Use
Lease Details
14 ft
Clear height
Yes
Fenced yard
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40504, KY
26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
Median Home Value
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Market
Lease Benchmarks for Lexington, KY
$9.48 /SF/Yr
Avg Asking Price
$1.08–$22.08 /SF/Yr
Price Range
34,004 SF
Avg Space Size
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Prime Storage — 527 Angliana Ave, Lexington, KY 40508
- Aaa Self Storage — 1216 Versailles Rd, Lexington, KY 40508
- Versailles Road Storage — 1216 Versailles Rd, Lexington, KY 40508
- Hometown Movers Corporation — 854 Angliana Ave, Lexington, KY 40508
- Gateway Storage LLC — 1040 W High St, Lexington, KY 40508
Frequently Asked Questions
What type of property is this?
Warehouse - Flexible warehouse and office options with secured outdoor storage in an I-2 heavy industrial setting.
Where is this warehouse located?
The property is located at 255 S Forbes Road Lexington, KY.
What are key features of this property?
This property features: Warehouse buildings range from 11,128 to 153,459 SF; Renovated office suites range from 405 to 2,142 SF; 0.68‑acre fenced and secured outside storage lot
