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Property profile & analytics

951 Enterprise Ct Lexington, KY 40510

  • Commercial land
  • 4.00 lot acres
For Sale
Last Sale
Nov 03, 2022
$875,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US34-2248765
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.

Current Use by Public Records

  • Commercial land

Property Details for 951 Enterprise Ct

Lot size
4.00 lot acres
Zone code
I-1
Property type
Commercial land
APN
38283270
APU
38283270

Description

This exceptional 4-acre parcel of I-1 zoned land presents a rare opportunity in Lexington, Kentucky's competitive industrial real estate market. Located within the Alexandria Business Park, this property boasts convenient access to major transportation arteries, including Interstates 75 and 64, situated just off New Circle Road and Old Frankfort Pike. Its strategic location within 5.5 miles of the I-75/I-64 interchange provides unparalleled access to a significant portion of the US population, making it ideal for distribution or light manufacturing. Previous development plans indicate the potential to construct approximately 46,000 square feet of warehouse space, incorporating four loading docks. The property is divisible, with options for purchasing smaller acreage starting at one acre. The seller is also open to build-to-suit opportunities, offering flexibility to tailor the development to specific business needs. The property's location within the established Alexandria Business Park ensures a thriving business environment, surrounded by successful enterprises. The asking price for this exceptional property is $1,200,000. The parcel's APN is 38283270, and the address is 951 Enterprise Ct, Lexington, KY 40510. This is a unique chance to acquire a highly desirable industrial site in a rapidly growing area.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.5551
Latitude
38.0599
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
$12,811
$0.00
$0.00
$1,036,000
-
$0.00
$0.00
$1,036,000
More about this property
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