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Industrial Property with Heavy-Duty Storage
For Sale
$1,750,000

288 Premium Drive, Central City, KY 42330

Commercial Sale, Central City, KY

Property Size37,000 SF
Lot Size48.11 Acres
Price / SF$47.30
Days on Market51

Property Features for 288 Premium Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial
Subdivision Commercial
Directions Take Exit 58 on Western KY Pkwy. Turn left onto US 431-N. Go approx. .6 miles & continue straight onto KY 1031. Go approx. 3.2 miles & turn right onto US 431-N. Take the 1st left onto Premium Drive. Property will be on your right.
Standard status Active
APN 122-03-02-038.001
Size 37,000 SF
Lot size 48.11 Acres

Amenities

fiber optic internet
air-conditioned maintenance room
break room
in-plant bathrooms
2-inch looped air line
employee parking
semi-truck parking with electrical hookups
gated entrance

Building Details

Year built 1995
Floors in Building 1
Building materials Steel Frame
Roof type Metal
Listing Agency: Bolinger Real Estate & Auction
Listed By: Ben Bolinger · License #246976
Added: Jul 15 Changed: Aug 25 Last Checked: Sep 3 at 2:06PM
MLS# 26019771

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 48.11-acre industrial property includes a 37,000 SF steel-frame facility constructed in 1995. The building contains 2,617 SF of office area with three manager offices, fiber optic internet, a sprinkler system, 4,000-amp electrical service, an air-conditioned maintenance room, break room, in-plant bathrooms, and a 2" looped air line. Site improvements include more than 25 acres of well-graveled land, gated entry, employee parking, semi-truck parking with electrical hookups, three heavy-duty concrete storage bins with a loading ramp, and a 3-acre reservoir pond for water runoff retention.

A 190' radio tower with building and repeater is also present. The CSX rail line runs parallel to the property, with potential access for a rail siding. The property is located in a county without zoning regulations and lies within an Opportunity Zone. Local management and procurement may be available.

Key Highlights

  • 48.11‑acre industrial property with more than 25 acres of well‑graveled land
  • 37,000 SF steel‑frame facility built in 1995
  • 4,000‑amp electrical service, sprinkler system, fiber optic internet, and 2" looped air line

Property Analytics

Current Use

Industrial properties

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 42330, KY

9,501
Population
4,017
Households
2.4
Avg Household Size
40
Median Age
8%
College-Educated
80%
High-School Grad
104.0 sq mi
ZIP Area
91
Density / Sq Mi
$47,904
Median Household Income
$35,773
Median Earnings
$756
Median Rent
$140,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - Large industrial site with extensive graveled yard, specialized storage infrastructure, and substantial utility capacity.
Where is this industrial property located?
The property is located at 288 Premium Drive Central City, KY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 48.11‑acre industrial property with more than 25 acres of well‑graveled land; 37,000 SF steel‑frame facility built in 1995; 4,000‑amp electrical service, sprinkler system, fiber optic internet, and 2" looped air line
More about this property
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