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Lexington Industrial Yard for Rent
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 Market87

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
Listing Agency: Epique Realty
Listed By: Julie G Thompson
Added: May 12 Changed: Aug 4 Last Checked: Aug 6 at 7:06PM
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 property at 401 S Forbes Rd, Lexington, KY 40504, offers a secured industrial outdoor storage (IOS) and contractor yard opportunity within Lexington's industrial corridor. The 0.8-acre site is zoned I-2 Heavy Industrial and features fenced outdoor storage and office improvements. Utilities are available on site, providing immediate operational functionality for contractors, fleet operators, and industrial users. The location offers convenient access to New Circle Rd, Leestown Rd, and Downtown Lexington. The property is located in Fayette County.

Key Highlights

  • Secured and fenced outdoor storage ideal for contractors, fleet operators, and industrial users.
  • I‑2 Heavy Industrial zoning allows for a wide range of industrial activities.
  • Immediate operational functionality with utilities on site.

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

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

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?
Industrial land - Secured industrial yard with office, utilities, and heavy industrial zoning.
Where is this industrial land 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: Secured and fenced outdoor storage ideal for contractors, fleet operators, and industrial users.; I‑2 Heavy Industrial zoning allows for a wide range of industrial activities.; Immediate operational functionality with utilities on site.
More about this property
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