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Property profile & analytics
OFF-MARKET Estimated value $2,785,000
Industrial properties

2029 Buck Ln Lexington, KY 40511-1074

38,268 SF 2.63 ac lot Built 1969
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US34-0623200
Property summary
AI-generated overview

This exceptional 38,800-square-foot industrial facility, situated on 2.63 acres in Lexington, KY, presents a remarkable opportunity for owner-occupants or investors. The single-tenant building boasts a strategic location less than four miles from the I-75/I-64 interchange, providing seamless access to the densely populated East Coast. The property features approximately 5,000 square feet of finished office space, including eight private offices, a kitchenette, a conference room, and restrooms, complemented by a second-story mezzanine (not included in the total square footage). The remaining 33,800 square feet comprises high-grade manufacturing space equipped with over 4,000 amps of recently upgraded heavy power. Ceiling heights range from 19.75 feet at the peak to 13 feet at the eaves. The warehouse is enhanced by upgraded high-efficiency LED lighting and HVLS fans. Additional features include gas-fired radiant heaters, a compressed air system, an enclosed paint booth, a sprinkler system, two dock-high doors, and two drive-in doors. The property is zoned I-1 and offers a rare opportunity within a highly competitive industrial market. This is a turnkey solution for businesses seeking efficient and well-appointed space.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1969
Total area 38,268 SF
Lot 2.63 ac (114,563 SF)
Zoning code I-1
APN 13208975
UPID US34-0623200
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
  • Zelios Biochemistry Lab
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.97M
Blend (final) Blend
$2.79M
Owner & transaction history
2029 Buck Lane LLC · 2 yrs held
2029 Buck Lane LLC
since 2024
Last sale
$2.6M
7 recorded transactions
2025
Price N/A
2024
$2.6M
2024
Price N/A
2018
$2.3M
2018
Price N/A
2017
$165,000
2016
$1.4M
Zoning & alternative use
I-1 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

I-1 or I-2 zone. Home occupation means a gainful occupation or profession carried on in a residence that does not involve customer or client visits to the residence (excluding pick-up or pre-ordered items or drop-off of items to be repaired); and materials or equipment used in the conduct of the home occupation is limited to items that have minimal potential…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 4,436.91 ac
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