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    Property profile & analytics
    OFF-MARKET Estimated value $875,000
    Commercial land

    951 Enterprise Ct, Lexington, KY 40510-1034

    4 ac lot
    Entity Owned ~ Est. High Equity
    Property ID
    US34-2248765
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 4 ac (174,240 SF)
    Zoning code I-1
    APN 38283270
    UPID US34-2248765
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $875k
    Owner & transaction history
    Adventure Properties Of Kentucky In
    Adventure Properties Of Kentucky In
    since 2026
    Last sale
    $875,000
    4 recorded transactions
    2026
    $700,000
    2025
    2022
    $1.0M
    2020
    $1.3M
    Zoning & alternative use
    I-1 · Lexington, KY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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