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    112 Westhampton Dr Lexington, KY 40511
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    Property profile & analytics

    112 Westhampton Dr Lexington, KY 40511


    • Industrial properties
    • 10,175 SF
    • 1.46 lot acres
    Westhampton Drive Flex Space Available For Lease
    $985,000
    10,175 SF

    Westhampton Drive Flex Space Available

    10,175 SF flex building with office and warehouse space.

    112 Westhampton Dr, Lexington, KY 40511
    View Listing
    Property ID
    US34-0550270
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $985,000
    Cap Rate Potential
    8.1%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Lexar Laboratories & Analysis, LLC / Medical Laboratory

    Property Details for 112 Westhampton Dr

    Year built
    2001
    Lot size
    1.46 lot acres
    Property size
    10,175 SF
    Zone code
    I-1
    Property type
    Industrial properties
    APN
    20073970
    APU
    20073970

    Description

    This exceptional 10,175-square-foot single-tenant building presents a unique opportunity for a variety of businesses. Situated on a 1.46-acre lot, this Class B property boasts a versatile layout ideal for flex, warehouse, R&D, or manufacturing operations. Built in 2001, the single-story structure offers well-appointed office space, including 13 individual offices, two conference rooms, and a break room. The property also features dedicated lab space complete with a clean room, ensuring a controlled environment for sensitive operations. A substantial warehouse area is accessible via one convenient drive-in door. The entire building benefits from climate control, while the clean room is equipped with its own dedicated HVAC and filtration system for optimal performance. Three-phase power is readily available, catering to the needs of energy-intensive operations. Conveniently located with easy access to New Circle Road and Citation Boulevard, this property offers excellent accessibility and visibility. Ample parking is provided, accommodating 20-30 vehicles. The I-1 zoning ensures flexibility for a wide range of uses. This property is ready for immediate occupancy and presents a compelling investment opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $750,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,005,000
      6.5%
      $925,000
      7%
      $860,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,190,000
      Market price range: $594k - $1.19M
      AI Estimate
      $1,190,000
      Market price range: $594k - $1.19M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $835,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5396
    Latitude
    38.0789
    CBSA code
    30460
    CBSA name
    LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,500
    $0.00
    $0.00
    $930,000
    -
    $0.00
    $0.00
    $930,000
    View Listing
    More about this property
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