210 New Coleman Ln - Warehouse FOR SALE


Georgetown, KY 40324
$2,800,000 USD
859-421-8959
210 New Coleman Ln, Georgetown, KY for Sale
$2,800,000 USD
Warehouse - FOR SALE
1/23
null | Request Cap Rate

210 New Coleman Ln
Georgetown, KY 40324


HIGHLIGHTS

  • Currently zoned A-1, but with B-2 precedent directly adjacent to the property, there is up zone potential to pursue B-2
  • The property features high-end construction quality with intention to one day market for sale to suit a multitude of end users
  • There is site infrastructure in place, including utilities and water retention.

OVERVIEW

Block + Lot is excited to introduce this strategically located corner property along Lexington Road in Georgetown, KY. Built in 2016, this property was built not only with care and high quality, but with intention for one day bringing it to market for sale as an opportunity with maximum potential to suit a multitude of end users. The 9,950 SF building offers areas of free span, interior offices, kitchen, restroom set – immediately conducive to industrial/flex use in particular. Fully climate controlled as well, it can immediately accommodate traditional office users. At 3.5 Acres and generous land available closer to Lexington Rd, the possibilities are vast for redevelopment as well, including the opportunity to connect to city sewer which would enable further development and potential income stream along the frontage land. With the adjacent property successfully rezoned to B-2 for Meade Tractor, all indications are positive for up zone potential to B-2 and the seller is willing to accommodate the time and deal structure necessary for such a pursuit. •Corner Location •Located along Lexington Rd extending to and from Lexington, KY •Well positioned in south side of Georgetown near Lexington •Close to local Georgetown amenities, McClelland Circle, Kroger, Aldi, Medical Office, and Interstates 75 and 64 •Opportunity to connect to city sewer which would enable further development and potential income stream along the frontage land

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$245 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

210 New Coleman Lane

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

77

LAND DETAILS

LAND ACRES

3.41

LAND SF

148,540

ZONING

A-1

APN/PARCEL ID

170-20-011.000

ASK ABOUT THIS PROPERTY

Greg LeveridgeBlock + Lot Real EstateMore Info
859-421-8959

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Greg LeveridgeBlock + Lot Real EstateMore Info
859-421-8959

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.