1101 Providence Pl Pkwy Lexington, KY 40511
This exceptional 375,000-square-foot flex space facility in Lexington, Kentucky, presents a unique investment opportunity. Situated on a 43-acre lot at 1101 Providence Place Parkway, this Class A property offers immediate occupancy with the entire building currently vacant. The building is zoned ED – Economic Development, Flex Space, Logistics, Distribution and Fulfillment, making it ideal for a variety of uses. The space is divisible into minimum units of 75,000 square feet, with a maximum contiguous space also of 75,000 square feet. Features include a 24-foot clear ceiling height, concrete walls with concealed rigid insulation, and an ESFR sprinkler system. Loading is facilitated by 24 dock doors and 2 drive-in doors. The property boasts robust power capabilities with 200 Amp/208Y/120V/3-phase power. Its strategic location offers easy access to Interstates 75 and 64, placing it within overnight reach of half the US population. Furthermore, it enjoys close proximity to downtown Lexington, Blue Grass Airport (LEX), Georgetown-Scott County Regional Airport, and two major international cargo hubs at the Cincinnati/Northern Kentucky International Airport and Louisville International Airport. This property represents a rare opportunity to secure a large, high-quality flex space in a prime location with excellent transportation links.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.