Flex Suite with Drive-In
For Lease
$9 SF/Yr
2458-2464 Palumbo Drive #2462, Lexington, KY 40509
Office, showroom, and warehouse areas provide a mix of finished workspace and industrial function.
Space Size4,804 SF
Lot Size1.03 Acres
Days on Market858
Property Features for 2458-2464 Palumbo Drive #2462
General Information
Standard status
Active
Size
4,804 SF
Net Rentable
4,804 SF
Total Parking Spaces
55
Lot size
1.03 Acres
Zoning
I-1 Light Industrial
Space & Availability
Available Space
4,804 SF
Contiguous Space
4,804 SF
Space Use
Flex
Site & Location
Neighborhood
Liberty Area Nghd Assoc
Highway Access
Yes
Warehouse & Industrial
Clear Height
16 ft
Warehouse Space
2,172 SF
Office Build-Out
2,632 SF
Drive-In Doors
1
Three-Phase Power
Yes
Drive-In Door Height
12 ft
Warehouse Heated
Yes
Amenities
building signage
Building Details
Building Size
4,804 SF
Year Built
1976
Year Renovated
2013
Buildings
1
Stories
1
Construction
concrete block
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Peter Barr · License #65116
(859) 351-7924
Source:
Bluegrasspropertiesgroup
Added: Jul 2, 2024
Changed: Nov 4
Last Checked: Nov 6 at 12:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Block + Lot Homes
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Investment Insights
Based on property information with market context.
Suite 2462 offers 4,804 square feet in a flex/industrial building. Its 2,632-square-foot office component includes a showroom and reception area, an individual office, open workspace, a conference room, two restrooms, and storage. The remaining 2,172 square feet is warehouse space with 16-foot clear height and a 10' x 12' drive-in door. The concrete block property was built in 1976 and renovated in 2013.
The 1.03-acre site is positioned between New Circle Road and Man O War Boulevard, approximately 3.5 miles from the I-75/I-64 interchange. Building features include three-phase electric service, suspended gas heat in the warehouse, fluorescent and LED lighting, and approximately 40 parking spaces. Zoning is I-1 Light Industrial.
The 1.03-acre site is positioned between New Circle Road and Man O War Boulevard, approximately 3.5 miles from the I-75/I-64 interchange. Building features include three-phase electric service, suspended gas heat in the warehouse, fluorescent and LED lighting, and approximately 40 parking spaces. Zoning is I-1 Light Industrial.
Key Highlights
- 4,804 SF suite with 2,632 SF of office space and 2,172 SF of warehouse
- Warehouse offers 16' clear height and a 10' x 12' drive‑in door
- Office layout includes showroom/reception, individual and open offices, conference room, two restrooms, and storage
Property Analytics
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40509, KY
44,572
Population
19,802
Households
2.3
Avg Household Size
36
Median Age
57%
College-Educated
95%
High-School Grad
47.8 sq mi
ZIP Area
932
Density / Sq Mi
$89,429
Median Household Income
$52,489
Median Earnings
$1,317
Median Rent
$338,200
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$10.91 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
25,466 SF
Avg Space Size
This space is priced 17% below the average of $10.91 /SF/Yr.
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Columbia Steak House — 2750 Richmond Rd, Lexington, KY 40509
- OPOS Gourmet — 501 Darby Creek Rd, Lexington, KY 40509
Frequently Asked Questions
What type of property is this?
Flex space - Office, showroom, and warehouse areas provide a mix of finished workspace and industrial function.
Where is this flex space located?
The property is located at 2458-2464 Palumbo Drive #2462 Lexington, KY.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 4,804 SF suite with 2,632 SF of office space and 2,172 SF of warehouse; Warehouse offers 16' clear height and a 10' x 12' drive‑in door; Office layout includes showroom/reception, individual and open offices, conference room, two restrooms, and storage
