Listing Agency: Equity Management Group, Inc. j***@equity-management.com Show Phone

Listed By: Jason Taylor · License #72700 Show Phone

Source: Kcrea.resimplifi

Added: Jan 26 Changed: Aug 29 Last Checked: Aug 29 at 1:31AM

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Investment Insights

Based on property information with market context.

This industrial land offering is part of a new development featuring flex units and warehouse space. Building 1 is scheduled for occupancy in Sept 2026, with individual spaces ranging from 1,500 to 15,000 SF. Tenants may lease one space, multiple spaces, or an entire warehouse, subject to availability.

The property is located a quarter mile from I-64, providing access to a regional highway connection. It sits approximately halfway between Lexington, Georgetown, and Frankfort, with the address at 540 McKinney Ave in Midway, Kentucky. The development is positioned for industrial occupancy within a new flex and warehouse project.

Key Highlights

• New development of flex units and warehouse space
• 1,500 - 15,000 SF units available
• Building 1 ready for occupancy in Sept 2026

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Grocery & Convenience Store Bed & Breakfast Restaurant Bar & Pub Car Rental Facility Hotel & Motel

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

24

Businesses Nearby

Explore this area Business Placement

Demographics for 40347, KY

3,114

Population

1,520

Households

2

Avg Household Size

42

Median Age

46%

College-Educated

95%

High-School Grad

40.6 sq mi

ZIP Area

77

Density / Sq Mi

$84,054

Median Household Income

$33,625

Median Earnings

$1,011

Median Rent

$318,400

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

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Frequently Asked Questions

What type of property is this?

Industrial land - New flex and warehouse development with direct access to I-64 and spaces designed for industrial users.

Where is this industrial land located?

The property is located at 540 McKinney Ave Midway, KY.

What are key features of this property?

This property features: New development of flex units and warehouse space; 1,500 - 15,000 SF units available; Building 1 ready for occupancy in Sept 2026