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    1173 Progress Way Maysville, KY 41056

    Sponsored
    For Lease
    Contact for pricing

    Large Kentucky warehouse, multiple tenants.

    Lot size:
    207,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 1173 Progress Way in Maysville, Kentucky, offers a significant opportunity for businesses seeking flexible warehouse or manufacturing space. The property boasts a total of 207,500 square feet, with 64,965 square feet currently available for lease, starting October 2024. The building, constructed in 1993 and extensively renovated in 2019, sits on a substantial 22.46-acre lot. The space is zoned I-1A Light Industrial, providing versatility for various industrial uses. Features include high ceilings ranging from 24 to 30 feet, providing ample vertical storage capacity. Efficient operations are supported by eight dock-high doors and four drive-in doors, ensuring smooth loading and unloading processes. The minimum divisible space is 20,000 square feet, allowing for customization to suit diverse business needs. The property's location in Mason County, Kentucky, offers convenient access to key transportation routes, making it an ideal location for distribution and manufacturing operations. The property's APN is 042-00-00-020.00. Contact us today to learn more about this prime industrial space and explore leasing options.

    Property Features for 1173 Progress Way

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    207,500 SF

    Building Details

    Year Built/Renovated
    1993/2019

    Unit(s) available at that property

    Space
    Available Space
    Size
    64,965 SF

    HighLights

    • 207,500 SF industrial property in Maysville, KY, with 64,965 SF available October 2024.
    • Room for expansion on a 22.46‑acre lot.
    • Renovated in 2019.
    • Ideally situated for OEM manufacturers with convenient access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Auto Repair Shop Wholesale Shop Gym & Fitness Auto Parts Store Pharmacy Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maysville
    County
    Mason
    State
    Kentucky
    Longitude
    -83.8132318
    Latitude
    38.6341926

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Distribution property - Large Kentucky warehouse, multiple tenants.
    Where is this distribution property located?
    The property is located at 1173 Progress Way Maysville, KY.
    What are key features of this property?
    This property features: 207,500 SF industrial property in Maysville, KY, with 64,965 SF available October 2024.; Room for expansion on a 22.46-acre lot.; Renovated in 2019.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1173 Progress Way Maysville, KY 41056
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