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2430 Palumbo Dr Lexington, KY 40509

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For Sale
Contact for pricing

8,791 SF Flex/Industrial Unit - $7M

Property size:
26,015 SF

Property Features for 2430 Palumbo Dr

General Information

Property type
Other commercial real estate
Square Feet
26,015 SF
Lot Size
44,867 SF

Building Details

Year Built
1973

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Listing Contact
Peter Barr
Peter Barr

Listing Agency: Block + Lot Real Estate Listing Agent: Peter Barr

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 8,791 square foot flex/industrial unit, situated within a larger 26,015 square foot building, presents a unique investment opportunity in Lexington, KY. Located at 2430 Palumbo Drive, Unit 110, this property boasts a prime location between New Circle Road and Man O' War Boulevard, offering easy access to I-75/I-64. The building, constructed in 1975 and renovated in 2013, is a concrete block structure situated on 1.03 acres and zoned I-1 (Light Industrial). The unit itself includes 3,055 square feet of climate-controlled office space, featuring four private offices, an open office area, a break room, and two restrooms. The remaining 5,736 square feet comprises climate-controlled warehouse space, serviced by two 10' x 12' drive-in doors. Building amenities include 16' clear height ceilings, fluorescent/LED lighting, 3-phase electric, and suspended gas heat in the warehouse area. Approximately 40 parking spaces are available, and building signage is offered to tenants. Operating expenses are below market rates. This high-demand flex unit represents a compelling opportunity for businesses seeking a versatile and strategically located space. The property's size, features, and location make it ideal for a variety of industrial and commercial uses.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Coleman Smith Inc HVAC Service The Art of Soccer Sports School Fusion Systems Security Service

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.44807
Latitude
38.01931

FAQs

What type of property is this?
Commercial real estate - 8,791 SF Flex/Industrial Unit - $7M
Where is this commercial real estate located?
The property is located at 2430 Palumbo Dr Lexington, KY.
What is the asking price?
The asking price for this property is $7.
More about this property
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