Freestanding Industrial/Flex
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
(859) 309-0099
Listed By:
Peter Barr · License #65116
(859) 351-7924
Added: Jul 30
Last Checked: Jul 30 at 10:06PM
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.
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
NOI $38,831 @ 7.0% cap · market cap 4.71%
Second Best
Industrial
$456.8K
$399.7K – $533.0K
NOI $31,979 @ 7.0% cap · market cap 3.88%
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
Property Profile
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 Industrial in South region
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
