5.13 Acres of Light Industrial Land Available for Sale or Lease

Vacant Land for Lease
Catylist Listing ID: 30854762
Property Subtypes: Industrial
Gross Land Area: 5.13 Acres
Lease Rate: See Agent
Lease Types: See Agent
In Opportunity Zone? Yes
Last Updated: 5/17/2024

Overview / Comments

We are pleased to bring to market 5.13 Acres of I-1 (light industrial) zoned land for lease or sale in Lexington, KY. The site currently contains an 11,172 square-foot improvement that boasts 19’1" clear heights throughout and contains one dock-height door.

The acreage offers a variety of different options to accommodate a sprawling range of tenants and buyers. The ownership is willing to sell the land outright or complete a build-to-suit(s). As seen below on pages 4-5 of the offering memorandum, there is flexibility in what can be completed on the site.

The 5.13-acre tract can be further demised into smaller acreage to accommodate multiple stand-alone buildings or as it sits, can accommodate a roughly 80,000 square foot structure.

The site is flat with utilities already in place requiring minor dirt work needed to make the site shovel ready. An ALTA survey and TOPO can be provided upon request.

With Lexington’s limited supply of industrial zoned land partnered with an abundance of highly skilled labor force, this site is a rare long-term opportunity. The strategic location of the site provides access to the I-64/I-75 interchange less than two miles away. Site tours as well as build-to-suit layout/design services are available upon request.

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 38266060
Area Description: Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,183 108,130 197,635
Median Age: 34.78 33.79 35.65
Households: 5,122 44,783 82,477
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