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Property profile & analytics
OFF-MARKET
Warehouses

1109-1113 Commercial Dr Lexington, KY 40505

10,000 SF Built 1969
Property ID
Property summary
AI-generated overview

This exceptional 10,000-square-foot industrial flex space in Lexington, KY, presents a unique investment opportunity. Located at 1109-1113 Commercial Drive, this single-story building, constructed in 1969 and renovated in 2021, sits on a 0.32-acre lot and is zoned B-4. The property features two 2,500-square-foot suites, each divisible to a minimum of 2,500 square feet and combinable for a maximum contiguous space of 5,000 square feet. Currently, 5,000 square feet is available for lease. Each suite boasts approximately 1,000 square feet of office space, including two restrooms, and 1,500 square feet of warehouse space. Warehouse features include 14-foot clear ceilings, suspended gas heat, and one drive-in door per unit. The building offers a total of four drive-in doors. Its prime location in Lexington's Northeast corridor, just inside New Circle Road and 2.4 miles from I-75/I-64, provides unparalleled access to major transportation arteries, placing it within a 24-hour drive of 70% of the US population. The Fayette County property (APN 10482850) offers a blend of modern amenities and convenient access, making it ideal for a variety of industrial and distribution businesses. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving Kentucky market.

Property profile
Verified
Property type Warehouses
Year built 1969
Total area 10,000 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
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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