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Industrial Warehouse with Rail Access
For Sale
$1,750,000

288 Premium Dr, Central City, KY 42330

Large industrial facility with substantial yard area, heavy electrical capacity, office space, and specialized site improvements.

Property Size37,000 SF
Lot Size48.00 Acres
Price / SF$47.30
Days on Market63

Property Features for 288 Premium Dr

General Information

Standard status Active
Size 37,000 SF
Lot size 48.00 Acres
Property subtype Commercial

Warehouse & Industrial

Office Build-Out 2,617 SF
Power 4,000 amps
Sprinkler System Yes

Additional Details

Opportunity Zone Yes

Amenities

gated entrance
fiber optic internet
air-conditioned maintenance room
break room
in-plant bathrooms

Building Details

Year Built 1995
Building Size 37,000 SF
Listing Agency: Bolinger Real Estate & Auction
Listed By: Ben Bolinger · License #246976
Source: Centralkentuckyhomefinder
Added: Jul 8 Changed: Sep 8 Last Checked: Sep 8 at 8:42AM

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 Bolinger Real Estate & Auction

Investment Insights

Based on property information with market context.

This 37,000 SF industrial warehouse, built in 1995, includes 2,617 SF of office space with three manager offices, fiber optic internet, a sprinkler system, and 4,000-amp electrical service. Additional improvements include an air-conditioned maintenance room, break room, in-plant bathrooms, and a 2-inch looped air line. The property also has three heavy-duty concrete storage bins with a loading ramp and a 190-foot radio tower with an associated building and repeater.

The 48-acre site includes more than 25 acres of well-graveled land, a gated entrance, employee parking, and semi-truck parking with electrical hookups. A 3-acre reservoir pond provides water runoff retention. A CSX rail line runs parallel to the property, with potential access for a rail siding. The property is in a county with no zoning regulations and is within an Opportunity Zone; potential grants and tax incentives are identified in the property information. Local management and procurement may also be available.

Key Highlights

  • 48‑acre industrial property with more than 25 acres of well‑graveled land
  • 37,000 SF facility with 2,617 SF of office space
  • 4,000‑amp electrical service, sprinkler system, and fiber optic internet

Property Analytics

Current Use

Warehouses

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby
Well-served
Demand for This Use

Demographics for 42330, KY

9,501
Population
4,017
Households
2.4
Avg Household Size
40
Median Age
8%
College-Educated
80%
High-School Grad
104.0 sq mi
ZIP Area
91
Density / Sq Mi
$47,904
Median Household Income
$35,773
Median Earnings
$756
Median Rent
$140,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Large industrial facility with substantial yard area, heavy electrical capacity, office space, and specialized site improvements.
Where is this warehouse located?
The property is located at 288 Premium Dr Central City, KY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 48‑acre industrial property with more than 25 acres of well‑graveled land; 37,000 SF facility with 2,617 SF of office space; 4,000‑amp electrical service, sprinkler system, and fiber optic internet
More about this property
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