Flexible Industrial
440 E Brannon Road, Nicholasville, KY 40356
For Sale
$2,850,000
Commercial Sale, Nicholasville, KY
Property Size15,000 SF
Lot Size1.10 Acres
Price / SF$191.53
Days on Market99
Property Features for 440 E Brannon Road
General Information
Property type
Property subtype
Zoning
Zoning description
Parking
Parking features
Security features
Subdivision
Directions
Standard status
APN
Size
Lot size
Utilities
Sewer type
Heating system
Cooling system
Amenities
expansive open floor plan
polished concrete and luxury vinyl flooring
Building Details
Year built
Floors in Building
Building materials
Buildings
Listing Agency:
Real Broker, LLC - Lexington
(855) 554-2075
Listed By:
Nicholas Ratliff
(859) 351-9796
Added: Aug 4
Changed: Oct 30
Last Checked: Nov 10 at 8:06AM
MLS# 26021085
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.
This 2012 flex property offers a broad open interior with polished concrete and luxury vinyl flooring, creating a practical foundation for retail, office, medical, fitness, entertainment, or multi-tenant use. Block and concrete construction, zoned heating and cooling, central air, and electric forced-air heat support the building’s commercial functionality. Open parking and public sewer are also in place.
The property occupies 1.097 acres at 440 E Brannon Road in Nicholasville, within Brannon Crossing. The surrounding commercial setting includes shopping, restaurants, entertainment, medical offices, hotels, and residential communities. The site is positioned in a Central Kentucky retail and commercial destination with established visitor activity and convenient access to nearby services.
The property occupies 1.097 acres at 440 E Brannon Road in Nicholasville, within Brannon Crossing. The surrounding commercial setting includes shopping, restaurants, entertainment, medical offices, hotels, and residential communities. The site is positioned in a Central Kentucky retail and commercial destination with established visitor activity and convenient access to nearby services.
Key Highlights
- 1.097‑acre commercial site in Brannon Crossing
- B‑2 zoning supports a commercial property setting
- 2012 construction with block and concrete materials
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,591
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,831,820
$2.8M
Cap Rate 7%
$2,022,729
$2.0M
Cap Rate 9%
$1,573,233
$1.6M
Market Conditions
NOI Build-Up for 14,880 SF
Gross rent
$214.3K $14.40/SF
− Vacancy
−$12.0K −$0.81/SF
EGI
$202.3K $13.59/SF
− OpEx
−$60.7K −$4.08/SF
NOI
$141.6K $9.52/SF
Area
Jessamine County, KY
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,831,820
Cap Rate 7%
$2,022,729
Cap Rate 9%
$1,573,233
Alternative Uses
Best Use
Retail
$2.02M
$1.77M – $2.36M
NOI $141,591 @ 7.0% cap · market cap 4.97%
Second Best
Industrial
$1.26M
$1.10M – $1.47M
NOI $88,119 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$3.77M
$3.30M – $4.40M
NOI $263,983 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 40356, KY
44,381
Population
17,934
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
90%
High-School Grad
139.5 sq mi
ZIP Area
318
Density / Sq Mi
$75,264
Median Household Income
$41,427
Median Earnings
$1,020
Median Rent
$246,300
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Open-plan commercial space with polished concrete, luxury vinyl flooring, B-2 zoning, and adaptable interior planning.
Where is this flex space located?
The property is located at 440 E Brannon Road Nicholasville, KY.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 1.097‑acre commercial site in Brannon Crossing; B‑2 zoning supports a commercial property setting; 2012 construction with block and concrete materials
