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101 John C Watts dr 10,000 SF 100% Leased Industrial Building Nicholasville, KY 40356 $2,500,000 ($250/SF) 6.20% Cap Rate
Investment Highlights
- 5 individually metered flex units – ideal for office, warehouse, or light/heavy industrial use
- Offices with central air
- Strong potential rental income or owner-occupant use
- Automatic Bay doors and high ceilings for each unit
- Easy access for deliveries, equipment, or storage
Executive Summary
Prime 5-Unit Flex Space for Sale – Versatile Investment Opportunity
Introducing a rare opportunity to own a fully customizable 5-unit flex space in a thriving commercial/industrial district. This New built well maintained property offers a total of 10,000sq/ft, divided into five individually metered units, perfect for owner-users, investors, contractors, or tenants in need of office, warehouse, or showroom space.
Included with the sale is an additional gravel lot located directly behind the building, offering outdoor storage, fleet parking, or future development potential.
Strategically located near 27 and bypass, with quick access to Lexington. Zoned for light/heavy industrial/commercial use.
Additional gravel lot behind the building – perfect for:
• Outdoor storage
• Fleet vehicle parking
•Construction equipment
• Potential future expansion
• Build another building
• Water/sewer and Electric on the gravel lot
Introducing a rare opportunity to own a fully customizable 5-unit flex space in a thriving commercial/industrial district. This New built well maintained property offers a total of 10,000sq/ft, divided into five individually metered units, perfect for owner-users, investors, contractors, or tenants in need of office, warehouse, or showroom space.
Included with the sale is an additional gravel lot located directly behind the building, offering outdoor storage, fleet parking, or future development potential.
Strategically located near 27 and bypass, with quick access to Lexington. Zoned for light/heavy industrial/commercial use.
Additional gravel lot behind the building – perfect for:
• Outdoor storage
• Fleet vehicle parking
•Construction equipment
• Potential future expansion
• Build another building
• Water/sewer and Electric on the gravel lot
Property Facts
| Price | $2,500,000 | Lot Size | 1.94 AC |
| Price Per SF | $250 | Rentable Building Area | 10,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.20% | Year Built | 2025 |
| Property Type | Industrial | Parking Ratio | 2.5/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | B | ||
| Zoning | I2 - Heavy Industrial | ||
| Price | $2,500,000 |
| Price Per SF | $250 |
| Sale Type | Investment |
| Cap Rate | 6.20% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.94 AC |
| Rentable Building Area | 10,000 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Parking Ratio | 2.5/1,000 SF |
| Clear Ceiling Height | 18’ |
| Zoning | I2 - Heavy Industrial |
Amenities
- 24 Hour Access
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Utilities
- Water - City
- Sewer - City
- Heating - Electric
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 059-00-00-025.00 | Improvements Assessment | $0 |
| Land Assessment | $131,650 | Total Assessment | $131,650 |
Property Taxes
Parcel Number
059-00-00-025.00
Land Assessment
$131,650
Improvements Assessment
$0
Total Assessment
$131,650
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Presented by
Olive Builders LLC
101 John C Watts dr
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