Freestanding Flex Building with
New
For Sale
$825,000
100 Summer Court, Georgetown, KY 40324
Climate-controlled flex facility with clear-span space, upgraded offices, and additional land for expansion, parking, or outside storage.
Property Size5,400 SF
Lot Size1.20 Acres
Price / SF$152.78
Days on Market7
Property Features for 100 Summer Court
General Information
Standard status
Active
Size
5,400 SF
Lot size
1.20 Acres
Property subtype
Industrial
Warehouse & Industrial
Clear Height
16 ft
Clear Span
Yes
Drive-In Doors
1
Power
400 amps
Conditioned Warehouse
Yes
Additional Details
Highway Access
Yes
Amenities
haiku fans
Sonos sound system
Silent Guard security
Concrete
3
On Site, Paved Driveway.
Building Details
Year Built
2009
Year Renovated
2022
Buildings
1
Building Size
5,400 SF
Listing Agency:
Block + Lot Homes
(859) 351-7924
Listed By:
Peter Barr · License #65116
(859) 351-7924
Source:
Xome
Added: Jul 27
Changed: Aug 2
Last Checked: Aug 2 at 5:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Block + Lot Homes
Investment Insights
Based on property information with market context.
This freestanding flex property includes approximately 5,400 SF within a climate-controlled building on approximately 1.2 acres. Renovated in 2022, the facility combines warehouse and office areas with clear-span construction, 14'-16' clear heights, 400 AMP power, and a 12' × 12' automatic drive-in door. The property also includes a bonus mezzanine, Class A office buildout, paved on-site drive, and features such as haiku fans, a Sonos sound system, and Silent Guard security.
Additional land supports potential building expansion, added parking, or outside storage. The property is located in Georgetown Industrial Park, near FedEx, Vuteq, Johnson Controls, Minova, and Curtis Maruyasu. Toyota Motor Manufacturing Kentucky is 5.4 miles away, while I-75 is 3 miles from the facility, providing access to the Lexington MSA and broader Central Kentucky markets.
Additional land supports potential building expansion, added parking, or outside storage. The property is located in Georgetown Industrial Park, near FedEx, Vuteq, Johnson Controls, Minova, and Curtis Maruyasu. Toyota Motor Manufacturing Kentucky is 5.4 miles away, while I-75 is 3 miles from the facility, providing access to the Lexington MSA and broader Central Kentucky markets.
Key Highlights
- Approximately 5,400 SF freestanding flex building on approximately 1.2 acres
- Renovated in 2022 with 100% temperature‑controlled interior
- 14'-16' clear heights and clear‑span construction
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $116.6k | $21.60 |
| − Vacancy | −$15.4k | −$2.85 |
| EGI | $101.2k | $18.75 |
| − OpEx | −$25.3k | −$4.69 |
| NOI | $75.9k | $14.06 |
5,400 SF · lease $21.60/SF/yr · vacancy 13.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.08M
$949.2K – $1.27M
NOI $75,933 @ 7.0% cap · market cap 9.20%
Second Best
Warehouse
$554.7K
$485.4K – $647.2K
NOI $38,831 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,800 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40324, KY
51,035
Population
20,570
Households
2.5
Avg Household Size
35
Median Age
34%
College-Educated
94%
High-School Grad
155.1 sq mi
ZIP Area
329
Density / Sq Mi
$83,012
Median Household Income
$47,619
Median Earnings
$1,188
Median Rent
$262,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Climate-controlled flex facility with clear-span space, upgraded offices, and additional land for expansion, parking, or outside storage.
Where is this flex space located?
The property is located at 100 Summer Court Georgetown, KY.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Approximately 5,400 SF freestanding flex building on approximately 1.2 acres; Renovated in 2022 with 100% temperature‑controlled interior; 14'-16' clear heights and clear‑span construction
