For Sale
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Property summary
This single-story, 20,737-square-foot Class C industrial warehouse, built in 1980, is situated on a 10-acre lot (APN 152-025-100-020-01) in the Central Business District, across from the Lexington Water Tower. The property features three suites, with a minimum divisible space of 3,690 square feet and a maximum contiguous space of 20,737 square feet; currently, the entire building (20,737 sq ft) is vacant. The building boasts a 12-foot ceiling height and eight drive-in doors, making it ideal for various distribution and warehousing needs. Heavy power is available throughout the facility. Ample parking is provided for each unit. The building has recently undergone improvements, including a new roof, and features a fully air-conditioned unit. This property presents a unique opportunity for businesses seeking flexible space in a convenient location. The zoning designation is Central Business District. No elevators are present.
Property profile
VerifiedCap rate & NOI
Current use
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Mill Factory
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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