Listing Agency: Kentucky Real Estate Group j***@gmail.com Show Phone

Listed By: Judy Rola · License #195324

Source: Crexi

Added: May 16 Changed: Aug 8 Last Checked: Aug 25 at 7:17PM

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Investment Insights

Based on property information with market context.

This property consists of 2.024 acres of land zoned I-1. The tax rate is 1.2638.

Key Highlights

• Zoned I‑1, allowing for a variety of industrial uses
• 2.024 acres, offering substantial land area
• Tax rate 1.2638

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic Mobile Phone Store Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

3,042

Businesses Nearby

Explore this area Business Placement

Demographics for 40508, KY

25,586

Population

11,458

Households

2.2

Avg Household Size

26

Median Age

36%

College-Educated

86%

High-School Grad

4.2 sq mi

ZIP Area

6,092

Density / Sq Mi

$28,040

Median Household Income

$13,316

Median Earnings

$900

Median Rent

$174,900

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

Questions? Ask Rey

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What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - 2.024 acre industrial land parcel zoned I-1.

Where is this industrial land located?

The property is located at 650 Setzer Way Lexington, KY.

What is the asking price?

The asking price for this property is $659,000.

What are key features of this property?

This property features: Zoned I‑1, allowing for a variety of industrial uses; 2.024 acres, offering substantial land area; Tax rate 1.2638