650 Setzer Wy

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650 Setzer Wy

Lexington, KY 40508
Asking Price
$695K
Asset Type
Industrial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial land parcel totaling 2.139 acres for sale.
  • Property is situated in the city of Lexington, Kentucky.
  • The asking price for this commercial site is $695,000.
  • Strategic location supports industrial development and distribution operations.
  • Site offers accessibility within the growing regional industrial market.

What's Special

This 2.139-acre industrial land parcel is positioned at 650 Setzer Wy in Lexington, Kentucky. The site provides a versatile foundation for businesses looking to establish or expand operations within a key regional hub. Lexington maintains a diverse economy supported by its central location in the Bluegrass region, offering strategic access to major logistics corridors and a robust workforce. The property is well-suited for industrial development, ranging from warehousing and distribution facilities to specialized light manufacturing or service-oriented business headquarters. The regional submarket remains a target for commercial investment due to the steady demand for accessible industrial space. Investors and owner-users will find this location appropriate for projects requiring connectivity to surrounding municipal infrastructure and essential transport routes. With its footprint and zoning potential, the site allows for flexible site planning tailored to operational requirements. Prospective buyers can leverage this parcel to capitalize on the continued industrial growth characterising the local landscape.

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NOI
$80,000
Cap Rate
11.51%
DSCR
1.94
Strong
Cash-on-Cash
18.58%
Monthly Payment
$3,438.481
Annual Cash Flow
$38,738.23

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