Standalone Flex Space with Drive-In
For Lease
$12 SF/Yr
2412 Palumbo Drive, Lexington, KY 40509
I-1-zoned property with office areas, a break room, and multiple drive-in doors.
Space SizeContact for details
Days on Market71
Property Features for 2412 Palumbo Drive
General Information
Standard status
Active
Property subtype
Industrial
Zoning
I-1
Lease Type
NNN
Space & Availability
Space Use
Flex
Available From
Immediate
Additional Details
Highway Access
Yes
Three-Phase Power
Yes
Building Details
Year Built
2011
Spaces For Lease
at 2412 Palumbo Drive Contact usAvailable Space $12/Mo
Contact us
Listing Agency:
Block & Lot Real Estate
(859) 619-5369
Listed By:
Amy Mellinger · License #210462
(859) 619-5369
Source:
Kcrea.resimplifi
Added: Jun 24
Changed: Aug 31
Last Checked: Sep 1 at 3:25PM
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 Real Estate
Investment Insights
Based on property information with market context.
Available now, this standalone flex property offers 3,045 square feet of space in an I-1-zoned building constructed in 2011. The layout includes several offices, a break room, and multiple drive-in doors, supporting a combination of administrative and operational functions within one facility.
The property provides access to I-75, New Circle Road, and Downtown Lexington. Area retail is located nearby, adding surrounding commercial context for users seeking a flex-oriented location with regional road connections. The building is available for lease.
The property provides access to I-75, New Circle Road, and Downtown Lexington. Area retail is located nearby, adding surrounding commercial context for users seeking a flex-oriented location with regional road connections. The building is available for lease.
Key Highlights
- 3,045‑square‑foot flex property built in 2011
- I‑1 zoning
- Several offices and a break room
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
523
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
$11.65 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
30,561 SF
Avg Space Size
This space is priced 3% above the average of $11.65 /SF/Yr.
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - I-1-zoned property with office areas, a break room, and multiple drive-in doors.
Where is this flex space located?
The property is located at 2412 Palumbo Drive Lexington, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 3,045‑square‑foot flex property built in 2011; I‑1 zoning; Several offices and a break room
