1562 Old Frankfort PikeLexington, KY 40504

Property Details for 1562 Old Frankfort Pike

Year built

1976

Lot size

4.28 AC

Property size (Sq ft)

24,926 SF

Zone code

I-2

Property type

Industrial properties

Property subtype

Other warehouses

APN

21168850

APU

21168850

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.

• Alternative Use

  Use

  Valuation

  Residential

  $5,301,977

  Hospitality

  $4,856,582

  Educational

  $4,040,620

  Medical

  $4,179,583

  Retail

  $6,285,408

Location Insight

City

Lexington

County

Fayette

State

Kentucky

Latitude

38.0577

Longitude

-84.5362

CBSA code

30460

CBSA name

LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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