1515 Mercer Rd Lexington, KY 40511
Property profile & analytics
1515 Mercer Rd Lexington, KY 40511
- Industrial properties
- 681,250 SF
- 67.95 lot acres
Property ID
US34-0464035
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.
Location Intelligence
Current Use by Public Records
- Trane / Corporate Office / Business Park
Property Details for 1515 Mercer Rd
- Year built
- 1963
- Lot size
- 67.95 lot acres
- Property size
- 681,250 SF
- Zone code
- I-1
- Property type
- Industrial properties
- APN
- 16541400
- APU
- 16541400
Description
This exceptional Fayette County industrial property, located at 1515 Mercer Road, offers a substantial 688,373 square feet of versatile space ideal for manufacturing, warehousing, or distribution. The property boasts multiple tenancy options within this expansive facility, providing flexibility for businesses of various sizes. The building features a generous 18-foot clear height, increasing to 28 feet in the crane bay area, maximizing storage and operational efficiency. Extensive loading capabilities are provided by 45 loading docks, with 9 located on the west side and up to 45 spaces available on the east. The property also includes convenient access to rail service via Norfolk Southern, streamlining transportation logistics. Ample parking is available with 700+ spaces to accommodate employees and visitors. The property sits on a sizable 63.3 acres of land, offering potential for future expansion or development. Power is supplied by a robust 12,470-volt transformer and 480 3-phase power, ensuring sufficient capacity for demanding operations. The location provides immediate access to New Circle Road and is conveniently situated approximately three miles from the intersection of Interstates 75 and 64, offering excellent regional connectivity. This prime industrial property presents a unique opportunity for businesses seeking a large-scale, well-equipped facility in a strategic location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.5122
- Latitude
- 38.0769
- 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
$173,557
$0.00
$0.00
$14,035,000
-
$0.00
$0.00
$14,035,000
