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210 New Coleman Lane 210 New Coleman Ln 11,450 SF Industrial Building Georgetown, KY 40324 $2,800,000 ($244.54/SF)
INVESTMENT HIGHLIGHTS
- Currently zoned A-1, but with B-2 precedent directly adjacent to the property, there is up zone potential to pursue B-2
- There is site infrastructure in place, including utilities and water retention.
- The property features high-end construction quality with intention to one day market for sale to suit a multitude of end users
EXECUTIVE SUMMARY
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
•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
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Number | 170-20-011.000 | Improvements Assessment | $1,705,000 (2024) |
| Land Assessment | $122,450 (2024) | Total Assessment | $1,827,450 (2024) |
PROPERTY TAXES
Parcel Number
170-20-011.000
Land Assessment
$122,450 (2024)
Improvements Assessment
$1,705,000 (2024)
Total Assessment
$1,827,450 (2024)
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210 New Coleman Lane | 210 New Coleman Ln
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