Technical
Financial
Distress signals
Property profile

1109-1113 Commercial Dr Lexington, KY 40505

OFF-MARKET
Warehouses
10,000 SF Built 1969
Saved · see the list in your Dashboard

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

Location

1109-1113 Commercial Dr Lexington, KY 40505
Lexington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1109-1113 Commercial Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message