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Usable Light Industrial Land
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Pending

981 Freight Blvd, Lexington, KY 40511

Flat, entitled industrial land with utilities in place and I-1 zoning for a range of light industrial uses.

Property SizeContact for details
Days on Market143

Property Features for 981 Freight Blvd

General Information

Standard status Pending
Property subtype Land
Listing Agency: SVN | Stone Commercial Real Estate
Listed By: John Bunch · License #221859
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:25PM

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

Investment Insights

Based on property information with market context.

This industrial land offering combines two parcels totaling 4.14 gross acres, including 2.99 usable acres. The site is flat and requires minor site work, with all utilities extended to the property. Existing entitlement and I-1 zoning support uses identified for the tract such as self-storage, rental equipment retail, oil change or service stations, office/flex space, and light manufacturing.

The property at 981 Freight Blvd and 985 Freight Boulevard offers over 500 linear feet along Newtown Pike, a roadway reporting average traffic of 34,000 VPD/day. The site provides a substantial industrial land footprint with direct roadway frontage and utility availability for future development planning.

Key Highlights

  • 2.99 usable acres within 4.14 gross acres
  • Over 500 linear feet of frontage on Newtown Pike
  • Average Newtown Pike traffic of 34,000 VPD/day

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency

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

31
Businesses Nearby

Demographics for 40511, KY

36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
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 - Flat, entitled industrial land with utilities in place and I-1 zoning for a range of light industrial uses.
Where is this industrial land located?
The property is located at 981 Freight Blvd Lexington, KY.
What are key features of this property?
This property features: 2.99 usable acres within 4.14 gross acres; Over 500 linear feet of frontage on Newtown Pike; Average Newtown Pike traffic of 34,000 VPD/day
(859) 264-0888 Call to check price and availability
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