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Property profile & analytics
OFF-MARKET
Warehouses

2425 Palumbo Dr Lexington, KY 40509

102,400 SF Built 1971
Property ID
Property summary
AI-generated overview

This exceptional 102,400-square-foot Class A warehouse offers a single-tenant occupancy opportunity. Built in 1971 and extensively renovated in 2021, the property boasts a modern design and efficient layout. Situated on a 4.3-acre lot, the building features a substantial 26-foot ceiling height, providing ample vertical storage space. Eleven loading docks and one drive-in door ensure efficient loading and unloading operations. The property is zoned I-1 (Light Industrial), making it suitable for a variety of industrial uses. Power is supplied by Kentucky Utilities, offering a robust three-phase, 240-volt, 800-amp service. The entire 102,400 square feet is currently vacant and available for immediate lease. This property represents a rare opportunity to secure a large, well-maintained warehouse space in a desirable location. Its recent renovation ensures modern amenities and efficient operations, making it an ideal choice for businesses seeking a high-quality industrial space. The ample lot size provides additional flexibility for expansion or outdoor storage. Interested parties should review the property brochure for complete details.

Property profile
Verified
Property type Warehouses
Year built 1971
Total area 102,400 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • W T Young Storage Co Storage Facility
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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