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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

    Comparable in this City

    • Value Estimation by Request
      22,996 SF

      633 Bizzell Dr

      WAREHOUSE, STORAGE • 22,996 SF
      633 Bizzell Dr, Lexington, KY 40510-1004
      View Details
    • Value Estimation
      $415,000
      5,056 SF

      624 Bizzell Dr

      WAREHOUSE, STORAGE • 5,056 SF
      624 Bizzell Dr, Lexington, KY 40510-1003
      View Details
    • Value Estimation by Request
      20,470 SF

      740 Enterprise Dr

      WAREHOUSE, STORAGE • 20,470 SF
      740 Enterprise Dr, Lexington, KY 40510-1029
      View Details
    • Value Estimation by Request
      7,500 SF

      990 Enterprise Dr

      WAREHOUSE, STORAGE • 7,500 SF
      990 Enterprise Dr, Lexington, KY 40510-1000
      View Details
    • Value Estimation by Request
      10,463 SF

      951 Enterprise Dr

      WAREHOUSE, STORAGE • 10,463 SF
      951 Enterprise Dr, Lexington, KY 40510-1001
      View Details
    • Value Estimation
      $3,180,000
      28,320 SF

      2245 Frankfort Ct

      WAREHOUSE, STORAGE • 28,320 SF
      2245 Frankfort Ct, Lexington, KY 40510-9673
      View Details

    Similar Nearby for Sale

    • $1,200,000
      1.00 Acre

      Lexington Industrial Land - 4 Acres

      Prime I-1 zoned land, build-to-suit option.
      951 Enterprise Ct, Lexington, KY 40510
      View Details
    • $685,000
      Pending

      Lexington Office Building For Sale

      Well-maintained 4,736 SF office building on 0.53 acres.
      604 Bizzell Dr, Lexington, KY 40510
      View Details
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    2285 Frankfort Ct
    Lexington, KY 40510-9673
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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