5521 Lexington RdLancaster, KY 40444

Property Details for 5521 Lexington Rd

Lot size

4.24 AC

Property type

Other commercial real estate

APN

13-03.02

APU

130302

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $39,286,020

  Hospitality

  $35,985,784

  Educational

  $29,939,750

  Medical

  $30,969,424

  Retail

  $46,572,944

Location Insight

City

Lancaster

County

Garrard

State

Kentucky

Latitude

37.6721

Longitude

-84.6411

Property Tax & Assessments

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