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    Turnkey Industrial Warehouse with Racking

    599 BLT Way Winchester, KY 40391

    Claim this Listing
    For Sale
    $1,599,900

    COMMERCIAL - Winchester, KY

    Property size:
    20,252 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $78/SF
    Added:
    May 27, 2026
    Days on Market:
    47
    Last Refresh:
    Jul 12 at 8:06 pm

    Property Features for 599 BLT Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Security features
    Security System
    Standard status
    Active
    APN
    042-0000-018-26
    Size
    20,252 SF
    Lot size
    1.00 Acre

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Ceiling, Natural Gas

    Building Details

    Year built
    2004
    Building materials
    Steel Frame, Aluminum Siding
    Roof type
    Metal

    Listing agent Joshua Wood

    Listing office Freedom Realty & Property Management 624 W Lexington Ave. Freedom Realty & Property Mgmt, Winchester, KY

    Listing date May 27, 2026

    MLS# 26012007

    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 well-maintained industrial warehouse is built as a metal building with a clean, open-span layout and built-in office and support space. The property includes 2 offices, 2 bathrooms, and a break room totaling approximately 150 square feet, with the balance of the facility remaining wide open for storage, logistics, or manufacturing workflows. Loading and distribution are supported by 2 dock-height doors and 5 drive-in automatic bay doors. A professionally installed industrial racking system valued over $40,000 is included with the sale; the 16' tall racks have 8' between uprights and are bolted to the concrete slab. The racking may be removed or rearranged to fit operational needs.

    The facility is positioned approximately 1 minute from I-64, 5 minutes from the Mountain Parkway, and about 15 minutes from I-75, providing convenient regional connectivity. The site is 1 acre.

    Designed for day-to-day functionality, the combination of open-span warehouse space, multiple loading configurations, and built-in office support makes this property well-suited for distribution, logistics, storage, trades, manufacturing, or other industrial uses that benefit from flexible layout and ready-to-operate infrastructure.

    Key Highlights

    • 20,252 SF industrial facility built in 2004 with steel frame and aluminum siding
    • Open‑span warehouse layout with 2 offices, 2 bathrooms, and an approx. 150 SF break room
    • Loading includes 2 dock‑height doors and 5 drive‑in automatic bay doors

    Local Financial Insights For Industrial

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $182.3k $9.00
    − Vacancy −$10.9k −$0.54
    EGI $171.3k $8.46
    − OpEx −$51.4k −$2.54
    NOI $119.9k $5.92
    20,252 SF · lease $9.00/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.08M
    $1.82M – $2.43M (±1% cap)
    NOI $145,632 @ 7.0% cap · market cap 9.10%
    Second Best
    Industrial
    $1.71M
    $1.50M – $2.00M (±1% cap)
    NOI $119,932 @ 7.0% cap · market cap 7.50%
    Theoretical Best
    Office A
    $5.13M
    $4.49M – $5.99M (±1% cap)
    NOI $359,287 @ 7.0% cap · market cap 22.46%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Dental Office Parking Lot & Garage Law Firm Kitchen & Bath Showroom Furniture & Home Goods (Bike/Boat/Book/etc) Store Skin Care Clinic Locksmith Grocery & Convenience Store Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

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    Similar Off Market Nearby

    • Red Dot Storage — 4629 Rockwell Rd, Winchester, KY 40391
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    FAQs

    What type of property is this?
    Warehouse - Turnkey warehouse with open span space, multiple loading doors, and office support designed for logistics and storage operations.
    Where is this warehouse located?
    The property is located at 599 BLT Way Winchester, KY.
    What is the asking price?
    The asking price for this property is $1,599,900.
    What are key features of this property?
    This property features: 20,252 SF industrial facility built in 2004 with steel frame and aluminum siding; Open‑span warehouse layout with 2 offices, 2 bathrooms, and an approx. 150 SF break room; Loading includes 2 dock‑height doors and 5 drive‑in automatic bay doors
    Contact an agent
    (859) 749-6293
    We can help!
    Contact an agent
    Joshua Wood
    Joshua Wood
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