949 National AveLexington, KY 40502

  • Industrial properties
  • 14,400 SF
For Lease
$14/SF/YR View listing

Property Details for 949 National Ave

Year built
1995
Lot size
4.04 AC
Property size (Sq ft)
14,400 SF
Zone code
B-4
Property type
Industrial properties
Property subtype
Other warehouses
APN
40326100
APU
40326100

Description

This exceptional 1,250-square-foot flex space is available for lease at 949 National Avenue, Suite 157, Lexington, KY 40502. Located in the desirable National Avenue corridor, this property offers a unique blend of office and warehouse space, perfect for a variety of businesses. The unit boasts 168 square feet of climate-controlled office space, featuring an open layout, a modern glass storefront, durable LVP flooring, and a convenient restroom. The warehouse area encompasses 1,082 square feet, providing ample room for storage or operations. Key features include a 10'x12' drive-in door, impressive 13'-15' clear ceiling height, energy-efficient LED lighting, suspended gas heating, and robust 200 AMP, 3-phase electrical service. The building, constructed in 2019, is part of the National Station development, situated at the corner of Richmond Avenue and National Avenue, offering easy access to Richmond Road and Winchester Road, as well as downtown Lexington, New Circle Road, and interstates I-64/I-75. The B-4 zoning provides flexibility for various business types. This property is part of a thriving business community, sharing the development with established businesses such as Nate's Coffee, Void Sake, and others. The single-story, 11,250-square-foot building is situated on APN 40326100 in Fayette County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,516,666
    Hospitality
    $2,305,253
    Educational
    $1,917,943
    Medical
    $1,983,904
    Retail
    $2,983,468
949 National Ave, Lexington, Kentucky

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.0379
Longitude
-84.4734
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
$49,464
-
-
$4,000,000
-
-
-
$4,000,000

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