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    255 S Forbes Rd Lexington, KY 40504
    Property profile & analytics

    255 S Forbes Rd, Lexington, KY 40504

    View on Map

    • Warehouses
    • 11,128 SF
    • 12.23 lot acres
    Forbes Business Center Storage Warehouses For Lease
    $3 SF/Yr
    30,431 SF

    Forbes Business Center Storage Warehouses

    Storage warehouses and renovated offices for lease in Lexington, KY.

    255 S Forbes Road, Lexington, KY 40504
    View Listing
    Property ID
    US34-0586923
    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
    $3,425,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Central Kentucky Pallets / Freight Service / Logistics Company
    • Warehouse 8 / Warehouse & Storage
    • Metric Environmental / Environmental Consultant

    Property Details for 255 S Forbes Rd

    Year built
    1950
    Lot size
    12.23 lot acres
    Zone code
    I-2
    Property type
    Warehouses
    APN
    26667000
    APU
    26667000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 16, 2024 — Fbc 247 LLC Blt Holdings LLC Deed —
    Jul 21, 2021 $3,500,000 Fbc 247 LLC Blt Holdings LLC Deed —
    May 15, 2019 $4,000,000 Blt Holdings LLC G F Vaughan Tobacco Co INC Deed $3.8M · First Southern Natl Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,745,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,349,000
      Market price range: $802k - $3.89M
      AI Estimate
      $3,349,000
      Market price range: $802k - $3.89M
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $4,065,000
      RESTAURANT
      $3,630,000
      COMMERCIAL (GENERAL)
      $2,470,000
      APARTMENT HOUSE (5+ UNITS)
      $2,455,000
      MEDICAL BUILDING
      $2,290,000
      RETAIL STORES
      $2,165,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5263
    Latitude
    38.0537
    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
    $19,757
    $0.00
    $0.00
    $1,800,000
    -
    $0.00
    $0.00
    $1,800,000
    View Listing
    More about this property
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