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Freestanding Industrial/Flex Building
New
For Sale
$825,000

100 Summer Court, Georgetown, KY 40324

COMMERCIAL - Georgetown, KY

Property Size5,400 SF
Lot Size1.20 Acres
Price / SF$152.78
Days on Market1

Property Features for 100 Summer Court

General Information

Property type Commercial Sale
Property subtype Other
Zoning description I-1
Directions From Lexington, take Georgetown Road to Georgetown. Turn right onto McClelland Circle and then left onto Lemons Mill Road and then left onto Carley Drive. The site is on the corner of Carley Drive and Summer Court.
Subdivision 005 - Scott County
Standard status Active
APN 167-40-019.001
Size 5,400 SF
Lot size 1.20 Acres

Amenities

Haiku fans
Sonos sound system
Silent Guard security

Building Details

Year built 2009
Listing Agency: Block + Lot Homes
Listed By: Peter Barr · License #65116
Added: Jul 30 Last Checked: Jul 30 at 9:06PM
MLS# 26020363

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.

100 Summer Court is a freestanding industrial/flex building on approximately 1.2 acres in Georgetown, Kentucky. The property provides about 5,400 SF of clear-span warehouse and office space with 14'-16' clear heights and 400 AMP power. It includes a 12' x 12' automatic drive-in door and is fully temperature controlled throughout the warehouse and office areas.

Renovated in 2022, the building is positioned within Georgetown Industrial Park. The surrounding area includes major employers such as FedEx, Vuteq, Johnson Controls, Minova, and Curtis Maruyasu. The property is about 3 miles from I-75 and approximately 5.4 miles from Toyota Motor Manufacturing Kentucky (TMMK), supporting regional access to the Lexington MSA.

The additional land offers room to expand the building footprint, add parking, or accommodate outside storage to fit operational needs.

Key Highlights

  • About 5,400 SF freestanding industrial/flex building in Georgetown Industrial Park
  • 100% climate‑controlled warehouse and office space
  • 14'-16' clear heights with clear‑span construction

Financial Insights For Warehouse

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 $48.6k $9.00
− Vacancy −$2.9k −$0.54
EGI $45.7k $8.46
− OpEx −$6.9k −$1.27
NOI $38.8k $7.19
5,400 SF · lease $9.00/SF/yr · vacancy 6.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$554.7K
$485.4K – $647.2K (±1% cap)
NOI $38,831 @ 7.0% cap · market cap 4.71%
Second Best
Industrial
$456.8K
$399.7K – $533.0K (±1% cap)
NOI $31,979 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $95,800 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

LandCal Logistics Logistics Company

Suggested Use

Top Pick Building Supply Real Estate Agency Restaurant Auto Repair Shop Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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 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?
Flex space - Freestanding industrial/flex building with 100% climate-controlled warehouse and office space on a 1.2-acre lot.
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: About 5,400 SF freestanding industrial/flex building in Georgetown Industrial Park; 100% climate‑controlled warehouse and office space; 14'-16' clear heights with clear‑span construction
More about this property
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