1040-1050 Eastland Drive, Lexington, KY 40505
$2,450,000
Property Type:
Commercial Sale
Square Footage:
30,488
Lot Size (sq. ft.):
61,420
Status:
Active
Current Price:
$2,450,000
List Date:
7/23/2026
Last Modified:
7/23/2026
Listing Details MLS# 26019604
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Industrial
Status Change Information
- Status Change Timestamp
- 2026-07-23
Address
- County
- Fayette
- Street Number
- 1040-1050
- Street Name
- Eastland
- Street Suffix
- Drive
- State
- KY
- Zip Code
- 40505
- Parcel Number
- 15030750, 15029380, 15029375
Contract
- Original List Price
- 2450000
- Start Showing Date
- 2026-07-23
- Listing Contract Date
- 2026-07-23
- Listing Agreement
- Exclusive Right To Sell
- Office Exclusive YN
- No
- List Price/SqFt
- 80.36
Tax Legal
- MLS Area Major
- 002 - Fayette County NE
- Subdivision Name
- Commercial
Interior
- Living Area
- 30488
- Living Area Units
- Square Feet
- Building Area Total
- 30488
- Building Area Source
- Public Records
- Building Area Units
- Square Feet
More Information
Building
- Year Built
- 1970
- Accessibility Features YN
- Yes
- Leasable Area
- 17247
Lot
- Lot Size Acres
- 1.41
- Lot Size Square Feet
- 61419.6
Remarks
- Public Remarks
- 1040-1050 Eastland Drive offers 17,247 SF for lease or is available as an ideal owner occupant/investment sale where a purchaser can occupy its business in the vacancy, while enjoying in place income. The property features 30,488 total SF demised into three high demand sizes for the market creating a diversified asset, has an excellent overall office to warehouse ratio of 13.65% office, concrete block construction ranging between 1970-1974, 1.41 acres zoned I-1, 6 docks, 4 drive-ins, 16' clear height, LED lighting, newer EPDM roofs (2016/2019) with assignable warranties, wet sprinkler system, and much more. 1040-1050 Eastland Drive runs between Loudon Avenue and New Circle Road in the Winchester Road/eastern corridor of Lexington, KY. The property is 0.8 miles from New Circle Road, 2.7 miles from I-75/I-64 and 8.5 miles from Bluegrass International Airport. With an MSA over 645,000, Lexington is the second largest market in the Commonwealth of Kentucky. Central Kentucky provides a strategic location for businesses through access to a highly educated labor force, low startup and operational costs, below average cost of living and its location at the I-75/I-64 intersection providing a 24 hour or less drive to approximately 70% of the United States population. Property Highlights: -High demand size for Lease (17,247 SF) -Great owner-occupant purchase with in place income -Excellent office:warehouse ratio with newly-renovated office space -6 docks/4 drive ins, 16' clear height -Small outside storage for each unit -Newer roofs
Building and Property Details
- # of Dock Doors
- 6
- # of Drive-in Doors
- 4
Tax & Legal
- Tax Rate
- 1.2638
- Zoning
- Other
- Zoning Description
- I-1 Light Industrial
- Directions
- Winchester Road outbound to left on E. Loudon, then right onto Eastland Drive. The property will be on your right.
Association/Community
- Number Of Buildings
- 1
Parking Features
- On Site
- Yes
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
Security Features
- Fire Sprinkler System
- Yes
Business Type
- Commercial
- Yes
- Distribution
- Yes
- Industrial
- Yes
- Warehouse
- Yes
Electric
- 200+ Amp Service
- Yes
- 3 Phase
- Yes
Existing Lease Type
- NNN
- Yes
Sale Includes
- Building(s)
- Yes
- Land
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Property Features
Business Type:
Commercial; Distribution; Industrial; Warehouse
Electric:
200+ Amp Service; 3 Phase
Existing Lease Type:
NNN
Parking Features:
On Site; Paved
Possession:
Close Of Escrow
Sale Includes:
Building(s); Land
Security Features:
Fire Sprinkler System
Showing Requirements:
Call Listing Agent
Listing Office:
Block + Lot Homes
Last Updated: July - 23 - 2026
Information deemed reliable but not guaranteed.