$880,000
Nicholasville, KY 40356
MLS# 1917531
Status: Closed
17250 sqft
1 / 10
Property Description
98 mini warehouse units plus office. Located near Fayette Co line in old drag strip area. Large upside potential! Significant under market rent. Current 7.8 CAP. This property can be bought in combination with neighboring property 125 MacArthur.
Details
Status Change Information
Price Change Timestamp: 2020-03-13T12:50:37Z
Status Change Timestamp: 2020-03-13
Purchase Contract Date: 2019-10-24
Close Date: 2020-03-11
Close Price: 880000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Address
County: Jessamine
Street Number: 237
Street Name: Industry
Street Suffix: Parkway
State: KY
Zip Code: 40356
Parcel Number: 067-00-00-068.00
Contract
Current Price: $880,000
Original List Price: 910000
Status: Closed
Start Showing Date: 2019-07-31
Listing Contract Date: 2019-07-31
Sold Price: $880,000
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/SqFt: 52.17
Sold Price/SqFt: 51.01
SP/LP: 0.98
Interior
Living Area: 17250
Building Area Total: 17250
Lot
Lot Size Acres: 1.37
Lot Size Square Feet: 59677.25
Remarks
Public Remarks: 98 mini warehouse units plus office. Located near Fayette Co line in old drag strip area. Large upside potential! Significant under market rent. Current 7.8 CAP. This property can be bought in combination with neighboring property 125 MacArthur.
Income and Expenses
Gross Scheduled Income: 93060
Showing Information
Showing Instructions: Call Agent
Listing Information
Property Sub Type: Industrial
Tax Legal
MLS Area Major: 009 - Jessamine County
Subdivision Name: Commercial
Building
Year Built: 1993
Property Features
Utilities: Sewer Available; Water Not Available; Sewer Available; Water Not Available
Business Type: Industrial
Sale Includes: Building(s); Land
Special Listing Conditions: Standard
Tenant Pays: None
Listing Office: Woodruff Commercial Properties
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.