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Property profile & analytics
OFF-MARKET
Commercial real estate

5521 Lexington Rd Lancaster, KY 40444-7014

4.24 ac lot
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US34-0805530
Property summary
AI-generated overview

This exceptional Lancaster, KY business property offers 8,640 square feet of versatile space ideal for warehouse, distribution, or flex uses. Situated on a sizable 4.24-acre lot with convenient US 27 access, this Class A property comprises two single-story metal buildings. The primary structure, measuring 96x60 feet, is currently divided into large storage units, with one unit featuring a door and window, perfect for office space conversion. A secondary 48x60 foot metal building provides additional storage capacity. The entire property is recently fenced, enhancing security. The property is offered with a one-year lease, allowing for customization to suit individual business requirements. This prime location presents a unique opportunity for businesses seeking a functional and secure space in a thriving area. The property's ample land area and strategic location on US 27 offer significant advantages for logistics and accessibility. The existing building configuration provides immediate usability, while the flexibility of the space allows for adaptation to a wide range of business needs. This is a rare opportunity to secure a high-quality industrial property in a desirable Kentucky location. The combination of size, location, and security features makes this an attractive option for businesses seeking to establish or expand their operations.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 4.24 ac (184,694 SF)
APN 13-03.02
UPID US34-0805530
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
  • Garrard County Storage & Shops Storage Facility
  • TONY'S Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
G2 Direct LLC · 3 yrs held
G2 Direct LLC
since 2022
Last sale
$132,500
3 recorded transactions
2022
$132,500
2022
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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