Secured IOS/contractor yard opportunity in Lexington's industrial corridor. 401 S Forbes Rd offers I-2 Heavy Industrial zoning, fenced outdoor storage, office improvements, utilities on site, and immediate operational functionality for contractors, fleet operators, and industrial users. Centrally located with convenient access to New Circle Rd, Leestown Rd, and Downtown Lexington. Limited supply of small-format industrial outdoor storage assets continues to support strong market demand.
Details
MLS #
26010634
Listing Type
For Lease
Style
Industrial
Status
Active
Year
9999
Days On Site
139
Listing Provided By
Epique Realty | Julie G Thompson
Features
Zoning
Other
Acreage
0.80
Interior
Heating Yes / No
No
Cooling Yes / No
No
Exterior
Security Features
Security System Leased
Utilities
Utilities
Electricity Available
Sewer
None
Area Information
State
KY
County
Fayette
City
Lexington
Zip Code
40504
Area
001 Fayette County NW
Subarea
Fayette County NW
Community Name
Commercial
Listing VS Median (in Commercial)
Price: $8,000
low | high
Med: $79,000
100% of Average
On site: 139
low | high
Med: 80
100% of Average
Sourced by Back At You
Market Activity 40504
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 8
Avg $ Per SqFt: $183.8
Min Sale Price: $127,500
Max Sale Price: $416,000
Med Sale Price: $270,000
Date: Jul 2026
Sales: 12
Avg $ Per SqFt: $192.35
Min Sale Price: $177,000
Max Sale Price: $435,500
Med Sale Price: $265,000
Date: Jun 2026
Sales: 18
Avg $ Per SqFt: $166.52
Min Sale Price: $155,150
Max Sale Price: $415,000
Med Sale Price: $297,500
Date: May 2026
Sales: 18
Avg $ Per SqFt: $189.75
Min Sale Price: $200,000
Max Sale Price: $757,250
Med Sale Price: $295,000
Date: Apr 2026
Sales: 20
Avg $ Per SqFt: $203.71
Min Sale Price: $120,000
Max Sale Price: $820,000
Med Sale Price: $287,750
Date: Mar 2026
Sales: 20
Avg $ Per SqFt: $175.62
Min Sale Price: $99,000
Max Sale Price: $801,503
Med Sale Price: $324,975
Date: Feb 2026
Sales: 5
Avg $ Per SqFt: $179.72
Min Sale Price: $107,900
Max Sale Price: $499,000
Med Sale Price: $239,000
Date: Jan 2026
Sales: 15
Avg $ Per SqFt: $184.99
Min Sale Price: $175,000
Max Sale Price: $454,000
Med Sale Price: $260,000
Date: Dec 2025
Sales: 7
Avg $ Per SqFt: $193.58
Min Sale Price: $200,000
Max Sale Price: $335,000
Med Sale Price: $285,000
Date: Nov 2025
Sales: 22
Avg $ Per SqFt: $161.67
Min Sale Price: $1,300
Max Sale Price: $560,000
Med Sale Price: $315,000
Date: Oct 2025
Sales: 17
Avg $ Per SqFt: $166.13
Min Sale Price: $1,300
Max Sale Price: $748,135
Med Sale Price: $320,000
Date: Sep 2025
Sales: 11
Avg $ Per SqFt: $165.1
Min Sale Price: $1,195
Max Sale Price: $638,000
Med Sale Price: $270,000
Sourced by Back At You
Aug 2026
Sales:
8
Avg $ Per SqFt:
$183.8
Min Sale Price:
$127,500
Max Sale Price:
$416,000
Med Sale Price:
$270,000
Jul 2026
Sales:
12
Avg $ Per SqFt:
$192.35
Min Sale Price:
$177,000
Max Sale Price:
$435,500
Med Sale Price:
$265,000
Jun 2026
Sales:
18
Avg $ Per SqFt:
$166.52
Min Sale Price:
$155,150
Max Sale Price:
$415,000
Med Sale Price:
$297,500
May 2026
Sales:
18
Avg $ Per SqFt:
$189.75
Min Sale Price:
$200,000
Max Sale Price:
$757,250
Med Sale Price:
$295,000
Apr 2026
Sales:
20
Avg $ Per SqFt:
$203.71
Min Sale Price:
$120,000
Max Sale Price:
$820,000
Med Sale Price:
$287,750
Mar 2026
Sales:
20
Avg $ Per SqFt:
$175.62
Min Sale Price:
$99,000
Max Sale Price:
$801,503
Med Sale Price:
$324,975
Feb 2026
Sales:
5
Avg $ Per SqFt:
$179.72
Min Sale Price:
$107,900
Max Sale Price:
$499,000
Med Sale Price:
$239,000
Jan 2026
Sales:
15
Avg $ Per SqFt:
$184.99
Min Sale Price:
$175,000
Max Sale Price:
$454,000
Med Sale Price:
$260,000
Dec 2025
Sales:
7
Avg $ Per SqFt:
$193.58
Min Sale Price:
$200,000
Max Sale Price:
$335,000
Med Sale Price:
$285,000
Nov 2025
Sales:
22
Avg $ Per SqFt:
$161.67
Min Sale Price:
$1,300
Max Sale Price:
$560,000
Med Sale Price:
$315,000
Oct 2025
Sales:
17
Avg $ Per SqFt:
$166.13
Min Sale Price:
$1,300
Max Sale Price:
$748,135
Med Sale Price:
$320,000
Sep 2025
Sales:
11
Avg $ Per SqFt:
$165.1
Min Sale Price:
$1,195
Max Sale Price:
$638,000
Med Sale Price:
$270,000
MLS Number: 26010634
Julie G Thompson – (859) 227-8509 – jthompson773@outlook.com
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Imagine MLS.
MLS Number: 26010634
Julie G Thompson – (859) 227-8509 – jthompson773@outlook.com