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Versatile Industrial Opportunity in High Density Lexington Corridor

510 Henry Clay Blvd, Lexington, KY 40505

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Overview

We are pleased to bring to market a strategically located low basis purchase opportunity in the heart of Lexington, KY. 

510 Henry Clay Boulevard is one of the few remaining parcels inside of New Circle Road that features over 105,000 square feet on a sprawling 6 acre tract. The improvement was originally constructed in 1941 by the Standard Products Company. Since then it has been used for a variety of different manufacturing and distribution uses. 

The existing facility features include but are not limited to: Heavy 480/3 phase power, reinforced concrete slab, large clear span sections, gas fired forced air heat, 12' clear height, (3) dock height doors, multiple grade level doors, over 5,000 sf of finished office space, full fire suppression, and expansive outdoor storage capabilities. 

The property has benefited significantly from the growth of Lexington proper with a population density of over 225,000 people within a 5 miles radius to the site. While zoned industrial, the asset is positioned well not only for traditional industrial uses, but for future redevelopment opportunities as well.

  • 105,804 SF
  • 5.957 acres
  • Zoned I-1 (Light Industrial) with an adaptive reuse overlay
  • Population of 225,000 within 5-mile radius
  • Abundance of outdoor storage and parking
  • 4 Megawatts of existing power (with ability to step up)

For Sale

Industrial

Secondary Uses: Manufacturing, Light Industrial

Sale Price
$4,950,000
Price Per SF
$46.8/SF
Building Size
105,804 SF
Office SF
5,000 SF
Acres
5.957 ac
Zoning
I-1
Zoning Description
Light Industrial
Number of Buildings
1
Floors
1
Dock Number
3
Ceiling Height
12'
Clear Height
12'
County
Fayette
Created
11/06/2025
Updated
12/01/2025
Listing ID
f4f40df1
Parcel APN
41543100