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Industrial Yard with Office Improvements
For Lease
$8,000/Mo

401 S Forbes Road, Lexington, KY 40504

Fenced outdoor storage and on-site utilities support a range of industrial operations.

Space SizeContact for details
Days on Market170

Property Features for 401 S Forbes Road

General Information

Standard status Active
Property subtype Industrial
Zoning I-2 Heavy Industrial

Site & Location

Neighborhood Cardinal Valley Nghd Assoc
Fenced Yard Yes
Outdoor Storage Yes
Utilities to Site Yes

Additional Details

Available From Immediate
Land Use industrial
Listing Agency: Epique Realty
Listed By: Julie G Thompson
Source: Horseandhomeestates
Added: May 12 Changed: Oct 26 Last Checked: Oct 26 at 3:02PM

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 Epique Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This industrial property combines fenced outdoor storage with office improvements and utilities already on site. The I-2 Heavy Industrial zoning supports its industrial classification, while the yard and office components provide distinct outdoor and indoor functions.

Located in Lexington’s industrial corridor, the property offers access to New Circle Road, Leestown Road, and Downtown Lexington.

Key Highlights

  • I‑2 Heavy Industrial zoning
  • Fenced outdoor storage area
  • Office improvements on site

Property Analytics

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

Current Use

Stones Auto Auto Parts Store Allens Salvage and Towing Auto Repair Shop

Suggested Use

Top Pick Dental Office Hair Salon Nail Salon Skin Care Clinic Accounting Firm Real Estate Agency

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
Fenced yard
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

566
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$11.53 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
26,290 SF
Avg Space Size

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 - Fenced outdoor storage and on-site utilities support a range of industrial operations.
Where is this industrial property located?
The property is located at 401 S Forbes Road Lexington, KY.
What is the lease rate?
The lease rate is $8,000/Mo.
What are key features of this property?
This property features: I‑2 Heavy Industrial zoning; Fenced outdoor storage area; Office improvements on site
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Includes: Price & PSF · Cap rate · Location · Zoning

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