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    724 Allenridge Pt Lexington, KY 40510

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    For Lease
    $12 SF/Yr ($8,000 /Mo)

    8,000 sq ft industrial building to be constructed by 2025.

    Property size:
    8,000 SF
    Lot size:
    2.15 Acres

    Property Features for 724 Allenridge Pt

    General Information

    Size
    8,000 SF
    Lot size
    2.15 Acres

    Source: The Gibson Company Agent Ed Richardson

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

    Overview

    Industrial Building For Rent

    An 8,000 square foot industrial building is slated for construction, with an anticipated completion date by the end of 2025. Zoned I-1, the owners are open to customizing the build-out to meet specific needs and specifications.
    Insight Report Location Intelligence

    Current Use by Public Records

    Hughes Truck and Trailer ... Truck Repair Shop

    Suggested Use

    Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.558583
    Latitude
    38.064972

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    FAQs

    What type of property is this?
    Industrial property - 8,000 sq ft industrial building to be constructed by 2025.
    Where is this industrial property located?
    The property is located at 724 Allenridge Pt Lexington, KY.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - 8,000 s.f. I-1 Building; - To be constructed by end of 2025; - Owners willing to do build out
    (859) 559-3456
    Request Owner's contact information
    724 Allenridge Pt Lexington, KY 40510
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    Lexington, KY 40510
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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
    724 Allenridge Pt Lexington, KY 40510
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