730 Rockcastle StLexington, KY 40505

Property Details for 730 Rockcastle St

Lot size

0.32 AC

Zone code

R-3

Property type

Commercial land

APN

38266330

APU

38266330

Description

This exceptional Lexington, KY industrial redevelopment opportunity encompasses 6.1 acres of land zoned I-1, featuring two steel-erected buildings and a reinforced concrete structure with a breakroom. The property boasts a substantial 66,546 square feet of warehouse space, complemented by a rare 1.94-acre outdoor storage yard, ideal for laydown operations. Situated conveniently inside New Circle Road, the site offers three points of ingress/egress (Shelby Street, Rockcastle Street, and 7th Street), enhanced security with chain-link fencing and automated gates, and access to rail service via RJ Corman. Additional features include a truck weighing station and several existing, removable temporary improvements. This property presents a unique chance to capitalize on a prime location and substantial existing infrastructure for a variety of industrial uses. The asking price is $2,995,000. The four separately deeded parcels provide flexibility for development or expansion. This is a truly rare opportunity in the Lexington market.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,448,120

  Retail / Commercial

  $2,261,130

  Mixed-Use / Specialty

  $2,237,430

  Hospitality / Lodging

  $1,621,170

  Office

  $2,207,850

  Institutional / Educational

  $2,320,440

  Residential Income

  $2,714,910

  Multifamily

  $3,342,810

  Automotive / Energy

  $1,988,950

  Parking / Income-Based Land

  $701,811

  Restaurant / Food Service

  $1,130,330

  Healthcare / Senior Housing

  $2,310,480

Location Insight

City

Lexington

County

Fayette

State

Kentucky

Latitude

38.0478

Longitude

-84.4734

CBSA code

30460

CBSA name

LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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