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    1115 Delaware Ave Lexington, KY 40505

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    For Sale
    Contact for pricing

    27,940 SF industrial facility with office, showroom, and warehouse space.

    Property Features for 1115 Delaware Ave

    General Information

    Zoning
    I-1

    Source: John Bunch, SIOR Agent John Bunch, SIOR

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

    Overview

    Lexington Industrial Facility For Sale

    Located in Lexington, Kentucky, the property at 1115 Delaware Avenue is a 27,940 square foot industrial facility suitable for warehouse, manufacturing, or service operations. Zoned I-1 (Light Industrial), the building offers a combination of office, showroom, and warehouse space. The layout includes 2,240 square feet of office/showroom space, a 7,200 square foot heated warehouse, and an additional 18,500 square foot warehouse. The property features multiple grade-level drive-in doors and dock-high loading for efficient access and distribution. Ample clear height and an open floor plan make the space suitable for racking or production equipment. Secure outdoor yard space is available for storage of vehicles, materials, or equipment. The location, just off Winchester Road, provides quick access to New Circle Road, I-64, and I-75. It offers convenient proximity to Lexington’s major employment centers and distribution corridors and strong regional connectivity within one of Central Kentucky’s established industrial submarkets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fabcon Concrete Contractor Foundation Building Materials Wholesaler Bristol Group, LLC Construction Company Disc-Document Imgng & Storage ... Records Storage Facility

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Accounting Firm Gym & Fitness

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

    Similar Places Nearby

    Space Center Storage, StorageMart, The Haven, Wildcat Mini Storage, Disc-Document Imgng & Storage Co

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.469002
    Latitude
    38.03815

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    FAQs

    What type of property is this?
    Warehouse - 27,940 SF industrial facility with office, showroom, and warehouse space.
    Where is this warehouse located?
    The property is located at 1115 Delaware Ave Lexington, KY.
    What is the asking price?
    The asking price for this property is $6.
    What are key features of this property?
    This property features: - Excellent location with quick access to New Circle Road, I-64, and I-75, providing strong regional connectivity.; - Flexible layout with **±2,240 SF office/showroom, ±7,200 SF heated warehouse, and ±18,500 SF additional warehouse space.**; - Zoned I-1 (Light Industrial) — ideal for warehouse, manufacturing, or service operations.
    (859) 433-8911
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    1115 Delaware Ave Lexington, KY 40505
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    Lexington, KY 40505
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1115 Delaware Ave Lexington, KY 40505
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