Property profile

0 Main St Nicholasville, KY 40356

OFF-MARKET
Warehouses
24,000 SF 6.43 ac lot Built 2023
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Property summary

AI-generated overview

This exceptional Nicholasville property, located at S Main St, 40356, offers a unique blend of retail, industrial, and land opportunities. The single-story, 24,000 square foot building, constructed in 2023, sits on a 6.43-acre lot and is currently zoned I-1 and B-1 in Jessamine County. The property features flexible space ideal for various uses, with a minimum divisible unit of 3,000 square feet and a significant 18,000 square feet currently vacant. This presents an immediate opportunity for businesses seeking ready-to-occupy space. Furthermore, the property includes development potential. Specifically, Lot 71 (1.15 acres, B-1 zoning) is available for purchase, and there's an expansion opportunity for an additional 15,000 square feet of office and warehouse space. The property's location in the Lexington submarket provides excellent access to transportation and a strong workforce. This versatile property is perfect for businesses seeking a strategic location with immediate occupancy and future expansion capabilities. The property is situated in a thriving industrial park, offering a convenient and efficient environment for operations. This is a rare opportunity to acquire a substantial property with immediate and long-term growth potential in a desirable Kentucky location.

Property profile

Verified
Property type Warehouses
Year built 2023
Total area 24,000 SF
Lot 6.43 ac (280,091 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Main St Nicholasville, KY 40356
Nicholasville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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