Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1562 Old Frankfort Pike Lexington, KY 40504-1154
    Back to Search
    Property profile & analytics

    1562 Old Frankfort Pike, Lexington, KY 40504-1154

    View on Map

    • Warehouses
    • 24,926 SF
    • 4.28 lot acres
    Off-Market
    Property ID
    US34-0665318
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,825,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bristol Group Precast Plant / Factory

    Property Details for 1562 Old Frankfort Pike

    Year built
    1976
    Lot size
    4.28 lot acres
    Zone code
    I-2
    Property type
    Warehouses
    APN
    21168850
    APU
    21168850

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 12, 2025 — 1562 Ofp LLC Mcdowell Investments LLC Deed —
    Jul 22, 2019 — Mcdowell Inv LLC — Deed · related $2M · Central Bk & Tr Co
    Apr 15, 2009 $660,000 Mcdowell Inv LLC 1562 Old Frankfort LLC Deed —

    Description

    This exceptional 4.25-acre I-2 zoned industrial site in Lexington, Kentucky, presents a rare opportunity. Located conveniently inside New Circle Road, this property offers immediate access to major transportation arteries, including I-64 and I-75 (less than 5 miles away). The site boasts three existing structures, providing significant flexibility for various industrial uses. A 2,100 square foot fully-equipped office space features multiple private offices, a kitchenette, and restrooms. A 6,700 square foot clear-span warehouse offers four grade-level drive-in doors and a 20-foot clear height. Additionally, there's approximately 24,261 square feet of covered space under roof. The remaining acreage provides ample secured outdoor storage. The property's strategic location, less than half a mile from New Circle Road, makes it an ideal location for businesses needing efficient access to transportation networks and a strong workforce. This single-tenant property offers a total of 33,061 square feet of vacant space, ready for immediate development or occupancy. The property is situated at 1562 Old Frankfort Pike, Lexington, KY 40504, in Fayette County. This is a unique opportunity to acquire a well-positioned industrial property in a thriving Kentucky market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,823,000
      Market price range: $1.80M - $8.72M
      AI Estimate
      $1,823,000
      Market price range: $1.80M - $8.72M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5362
    Latitude
    38.0577
    CBSA code
    30460
    CBSA name
    LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,119
    $0.00
    $0.00
    $980,000
    -
    $0.00
    $0.00
    $980,000
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message