Financial
Distress signals
Property profile

2502 Spurr Rd Lexington, KY 40511

FOR LEASE
Warehouses
Property ID
US34-0520343
200,000 SF
Last sale Dec 2022 · $2,080,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years.
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Property summary

AI-generated overview

This exceptional build-to-suit opportunity in Lexington, KY, offers 200,000 square feet of flexible industrial space, perfect for manufacturing, flex, warehouse, or distribution needs. The property, located at 2502 Spurr Rd, Lexington, KY 40511 (APN 20774500), is zoned I-1, Light Industrial, and boasts a prime location with easy access to Georgetown Road, New Circle Road, and Interstates 75/64. The single-story building offers a minimum divisible space of 25,000 square feet, with the

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.1
Dental Office16.7
Law Firm15.6

Location

2502 Spurr Rd Lexington, KY 40511
County assessor · not on file Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2032 Mercer, Lexington, KY 40511-1071 $2,534,400 May 2022 38,400 SF
2086 Buck, Lexington, KY 40511-1068 $2,700,000 Jul 2021 47,450 SF
251 Price, Lexington, KY 40511-1961 $6,050,000 Dec 2020 22,311 SF
1403 Mercer, Lexington, KY 40511-1028 $1,075,000 Oct 2020 18,830 SF
600 Adcolor, Lexington, KY 40511-1844 $1,650,000 Sep 2020 22,151 SF
1753 Jaggie Fox, Lexington, KY 40511-1193 $4,800,000 Oct 2019 19,544 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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