283 Greta Ln - Warehouse FOR SALE


London, KY 40744
$4,900,000 USD
859-420-2200
283 Greta Ln, London, KY for Sale
$4,900,000 USD
Warehouse - FOR SALE
1/15
null | Request Cap Rate

NEW


283 Greta Ln
London, KY 40744


HIGHLIGHTS

  • Newly constructed industrial facility completed in 2024.
  • Four dock-high doors and one drive-in door support efficient operations.
  • Three-phase power with adjacent 14 MVA substation serves industrial users.
  • Approximately 30-foot eave heights and 42.5-foot center heights enhance flexibility.
  • Utility infrastructure is in place with water, sewer, gas, and broadband service.
  • Convenient access to U.S. Highway 25 and Interstate 75.

OVERVIEW

NAI Isaac is pleased to present an opportunity to purchase a newly constructed ±105,000 SF industrial/distribution facility in Lily Industrial Park at 283 Greta Lane in London, Kentucky. Lily Industrial Park presents an opportunity to acquire a newly constructed industrial and warehouse facility positioned on approximately 39.98 acres in London, Kentucky. The property was developed to accommodate modern distribution, manufacturing, and logistics operations with a one-story pre-engineered metal building design, approximately 30-foot clear heights at the eaves, and approximately 42.5-foot center ceiling heights. Loading functionality includes four dock-high doors and one drive-in door, supporting efficient movement of goods and equipment. The property benefits from substantial utility infrastructure already extended to the site, including a 6-inch natural gas line, 12-inch water line, 8-inch sewer line, and three-phase electrical service supported by a 14 MVA substation adjacent to the parcel. Additional infrastructure advantages include an on-site 500,000-gallon water tower, approximately 500,000 gallons per day of excess water capacity, and approximately 230,000 gallons per day of excess wastewater capacity. These features support a broad range of industrial users requiring reliable utility service and future operational scalability. Located within Laurel County, the asset offers convenient access to U.S. Highway 25 and is approximately eight miles from Interstate 75, providing regional connectivity throughout Kentucky and the broader Southeast distribution corridor. The property's combination of modern construction, substantial utility capacity, transportation access, and large site area creates flexibility for owner-users, manufacturers, distributors, and investors seeking a newly developed industrial asset with room for operational growth.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

UTILITIES

Gas - Natural, Water, Sewer - City

CLEAR CEILING HT

30 Ft

DOCKS

4

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

39.98

LAND SF

1,741,529

ZONING

NZ

APN/PARCEL ID

092-00-00-065.00

ASK ABOUT THIS PROPERTY

Paul Ray SmithNAI Isaac Commercial PropertiesMore Info
859-420-2200

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Paul Ray SmithNAI Isaac Commercial PropertiesMore Info
859-420-2200

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