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Property profile & analytics

2285 Frankfort Ct Lexington, KY 40510-9673

  • Warehouses
  • 10,000 SF
  • 1.58 lot acres
OFF-MARKET
Value Estimation
$870,000
Last Sale
Jul 14, 2021
$690,000
Location Intelligence
Property ID
US34-0435560
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.

Current Use by Public Records

  • Warehouses

Property Details for 2285 Frankfort Ct

Year built
1993
Lot size
1.58 lot acres
Property size
10,000 SF
Zone code
I-1
Property type
Warehouses
APN
38125890
APU
38125890

Description

This single-tenant, 8,032-square-foot flex warehouse building presents a fantastic opportunity in Lexington, Kentucky. Situated on a 1.57-acre lot at 2285 Frankfort Ct, 40510, this property boasts a convenient location in northwest Lexington, easily accessible from Old Frankfort Pike and New Circle Road. Built in 1993, the building features a single story with a substantial 16-foot ceiling height, ideal for various industrial uses. The property includes one dock-high door, ensuring efficient loading and unloading. Heavy power is available, catering to businesses with significant energy demands. The zoning designation is I-1, Light Industrial, allowing for a range of permitted activities. The entire 8,032 square feet is currently vacant, providing immediate occupancy for a new tenant. The property's Asset Property Number (APN) is 38125890. This is a rare opportunity to secure a well-located, spacious industrial property in a thriving Lexington market. The building's single-tenant occupancy offers a streamlined and efficient operational environment. Don't miss this chance to establish your business in this prime location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $935,000
  • CAP approach

    CAP return
    Estimation
    6%
    $660,000
    6.5%
    $695,000
    7%
    $660,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $700,000
    Geo Method
    $760,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $775,000
    Retail
    $760,000
    Mixed-Use
    $820,000
    Hospitality
    $655,000
    Educational
    $625,000
    Residential Income
    $755,000
    Energy
    $760,000
    Income-Based Land
    $620,000
    Food Service
    $780,000

Location Insight

  • Map
  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.5507
Latitude
38.0675
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
$8,533
$0.00
$0.00
$690,000
-
$0.00
$0.00
$690,000
More about this property
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