West Loudon Warehouse

Industrial for Sale
Catylist Listing ID: 30351873
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 20,152 SF
Gross Building Area: See Agent
Gross Land Area: 0.62 SF
Sale Price: $975,000
Unit Price: $48.38 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2019

Overview / Comments

+/-20,152 SF warehouse on +/-0.62 AC for sale in Lexington, Kentucky. The property is situated at the intersection of West Loudon Avenue and Russell Cave Road. The warehouse includes two new grade-level door (one with new interior dock door) with the possibility of adding additional docks. Numerous upgrades have been implemented, including all new roll-up doors, recent roof replacement, new LED warehouse lights with ample electric - power bar the length of the warehouse with 208V 3-phase. Located directly across the street from the new Lextran Facility and +/-2 miles to I-75/64. This property is located within an Opportunity Zone. A Kentucky Opportunity Zone is a low income U.S. Census tract that encourages individuals and corporations to invest in a variety of economic development projects through "Opportunity Funds". To learn more visit http://www.thinkkentucky.com/OZ/.

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Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 16543000
Zoning: B-4, WHOLESALE AND WAREHOUSE BUSINESS
Site Description: The property is well-located at the corner of West Loudon Avenue and Russell Cave Road less than 1 mile from downtown Lexington and provides easy access to New Circle Road and I-75/64.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,167 108,055 209,010
Median Age: 36.57 33.9 35.6
Households: 5,444 45,094 87,407

Contact

Photograph of Listing Agent

J.L. Cannady

NAI Isaac KCREA Member
Photograph of Listing Agent

Jamie Adams

NAI Isaac KCREA Member
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