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Fenced Industrial Storage Yard
For Lease
$8,000/Mo

401 S Forbes Road, Lexington, KY 40504

COMMERCIAL - Lexington, KY

Space SizeContact for details
Lot Size0.80 Acres
Days on Market93

Property Features for 401 S Forbes Road

General Information

Property type Commercial Lease
Property subtype Other
Zoning description I-2 Heavy Industrial
Security features Security System
Subdivision Commercial
Directions Take exit 6 from E New Circle. Right on Old Frankfort Pike. Right on S Forbes.
Standard status Active
APN 10039010
Lot size 0.80 Acres

Utilities

Utilities Electricity Available

Amenities

fenced outdoor storage
office improvements
Listing Agency: Epique Realty
Listed By: Julie G Thompson
Added: May 12 Changed: Aug 4 Last Checked: Aug 12 at 8:06AM
MLS# 26010634

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.

This 0.8-acre industrial property at 401 S Forbes Road includes a secured, fenced outdoor storage area and office improvements. I-2 Heavy Industrial zoning is in place, with electricity available and utilities located on site.

The property is in Lexington, Kentucky, with access to New Circle Road, Leestown Road, and Downtown Lexington. Its configuration is identified for contractor yards, fleet operations, and other industrial users requiring outdoor storage and office space.

Key Highlights

  • 0.8‑acre industrial property at 401 S Forbes Road
  • I‑2 Heavy Industrial zoning
  • Fenced outdoor storage area with secured access

Property 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
Paved road access
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

Market

Lease Benchmarks for Lexington, KY

$11.41 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
32,694 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - The site includes office improvements, on-site utilities, and secured outdoor storage.
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: 0.8‑acre industrial property at 401 S Forbes Road; I‑2 Heavy Industrial zoning; Fenced outdoor storage area with secured access
More about this property
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