2201 Innovation Drive, Lexington, KY 40511
$8,000,000
Property Type:
Commercial Sale
Square Footage:
112,352
Lot Size (sq. ft.):
653,400
Status:
Closed
Current Price:
$8,000,000
List Date:
8/18/2021
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 20117610
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Industrial
Status Change Information
- Price Change Timestamp
- 2022-01-29T13:43:52Z
- Status Change Timestamp
- 2022-05-15
- Purchase Contract Date
- 2022-03-14
- Close Date
- 2022-05-11
- Close Price
- 8000000
- Sale Type
- Arms Length Sale
Address
- County
- Fayette
- Street Number
- 2201
- Street Name
- Innovation
- Street Suffix
- Drive
- State
- KY
- Zip Code
- 40511
- Parcel Number
- 19984310
Contract
- Original List Price
- 12500000
- Start Showing Date
- 2021-08-18
- Listing Contract Date
- 2021-08-16
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- Webasto North America
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- List Price/SqFt
- 89.01
- Sold Price/SqFt
- 71.2
- SP/LP
- 0.8
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
- Subdivision Name
- Commercial
Interior
- Building Area Total
- 112352
More Information
Parking Information
- Parking Total
- 56
Building
- Year Built
- 1998
- Stories Total
- Yes
- Accessibility Features YN
- Yes
Lot
- Lot Size Acres
- 15
- Lot Size Square Feet
- 653400
- Road Frontage Feet
- 745
Utilities
- Cooling YN
- Yes
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Remarks
- Public Remarks
- Price Reduced! Huge opportunity available for an as built, existing, manufacturing, warehouse, distribution, fulfillment facility on 15 acres. Located approx 2 miles from nationwide north/south and east west interstates I-75/I-64. Perfect last touch location within a days drive most the U.S. Complete building plans available. Building permit has 112,352 sq ft which includes a two story 18,000 sq ft office area. 'Future expansion area' of 28,918 sq ft along rear of existing building. Further expansion along sides of building & where existing retention pond is. Includes numerous loading docks, 19 offices, cafeteria, kitchen, men and women's locker room with bathrooms and showers, training room, conference room, reception areas, 2 large open areas on 2nd floor of 18,000 sq ft office area. Approx 250 parking spaces. Located on the bus route for employee convenience. Opportunity for lease back of 15,000 sq ft, contact agent for details. Several State and Local incentives available.
Building and Property Details
- Building Expansion Potential YN
- Yes
- # of Dock Doors
- 10
- # of Drive-in Doors
- 10
- Maximum Ceiling Height
- 30
- Warehouse SqFt
- 112352
Showing Information
- Showing Instructions
- Listing agent must accompany.
Tax & Legal
- Tax Rate
- 1.2777
- Zoning Description
- I-1
- Directions
- Off Georgetown Road, one block outside Citation Blvd.
Association/Community
- Number Of Buildings
- 1
Construction Materials
- Concrete
- Yes
- Steel Frame
- Yes
- Other
- Yes
Parking Features
- On Site
- Yes
- Paved
- Yes
Possession
- Negotiable
- Yes
Roof
- Flat
- Yes
- Membrane
- Yes
Security Features
- Fire Sprinkler System
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Standard
- Yes
Building Features
- Concrete Floor
- Yes
- Partially Carpeted
- Yes
- Tile/Brick Floor
- Yes
Business Type
- Industrial
- Yes
- Warehouse
- Yes
- Other
- Yes
Ceiling
- Open
- Yes
Docks
- 4-10 Docks
- Yes
- Automatic
- Yes
Sale Includes
- Building(s)
- Yes
- Land
- Yes
Documents
- Survey
- Yes
- Topographical Report
- Yes
Property Features
Utilities:
Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected
Building Features:
Concrete Floor; Partially Carpeted; Tile/Brick Floor
Business Type:
Industrial; Warehouse; Other
Ceiling:
Open
Construction Materials:
Concrete; Steel Frame; Other
Docks:
4-10 Docks; Automatic
Parking Features:
On Site; Paved
Possession:
Negotiable
Roof:
Flat; Membrane
Sale Includes:
Building(s); Land
Security Features:
Fire Sprinkler System
Sewer:
Public Sewer
Special Listing Conditions:
Standard
Documents:
Survey; Topographical Report; Topographical Report
Listing Office:
Local First Realty, LLC
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.