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Industrial Land with Build-to-Suit Opportunity
For Lease
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291 Caswell Lane, Mt Sterling, KY 40353

Proposed expandable facility supports warehouse, distribution, and light manufacturing operations with customizable power and office improvements.

Space Size50,050 SF
Property Size100,000 SF
Days on Market47

Property Features for 291 Caswell Lane

General Information

Standard status Active
Size 50,050 SF
Class A
Property subtype Industrial - Warehouse/Distribution

Building Details

Building Size 100,000 SF

Spaces For Lease

at 291 Caswell Lane
50,050 - 100,000 SF Class A Industrial Facility Immediate
Size 50,050 SF
Type Industrial
Rate Contact for pricing
Lease Type NNN
Sublease No
Renewal Option Yes
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Listing Agency: SVN | Stone Commercial Real Estate
Listed By: John Bunch, SIOR
Source: Commercialcafe
Added: Sep 1 Changed: Oct 16 Last Checked: Oct 16 at 6:04AM

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 SVN | Stone Commercial Real Estate

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Investment Insights

Based on property information with market context.

The industrial land at 291 Caswell Lane is planned for an expandable build-to-suit facility ranging from 50,050 to 100,000 square feet. Proposed construction includes metal panels over split-face CMU, a 28-foot clear height, high-bay LED lighting, a 6-inch concrete slab, gas-fired forced-air heat, and a fully sprinklered building. The design includes two dock-height doors with expansion capacity to eight, plus one 12-by-14-foot grade-level drive-in door.

The facility can be configured for warehouse, distribution, or light manufacturing operations. Power capacity and office buildout may be tailored to user requirements, while an expandable end wall can support future enlargement. The property is in Mt. Sterling, Kentucky, along the Interstate 64 corridor, approximately 35 miles east of Lexington, with connectivity to Lexington, Winchester, and the broader central Kentucky industrial market.

Key Highlights

  • Proposed expandable build‑to‑suit facility from 50,050 - 100,000 square feet
  • 28’ clear height with high bay LED lighting and a 6” concrete slab
  • (2) dock height doors, expandable to 8

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Bakery Kitchen & Bath Showroom Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

352
Businesses Nearby

Demographics for 40353, KY

22,358
Population
9,876
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
141.3 sq mi
ZIP Area
158
Density / Sq Mi
$56,981
Median Household Income
$38,404
Median Earnings
$794
Median Rent
$179,600
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

Frequently Asked Questions

What type of property is this?
Industrial land - Proposed expandable facility supports warehouse, distribution, and light manufacturing operations with customizable power and office improvements.
Where is this industrial land located?
The property is located at 291 Caswell Lane Mt Sterling, KY.
What are key features of this property?
This property features: Proposed expandable build‑to‑suit facility from 50,050 - 100,000 square feet; 28’ clear height with high bay LED lighting and a 6” concrete slab; (2) dock height doors, expandable to 8
More about this property
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