Listing provided courtesy of The Gibson Company- MLS# 26011710MLS Provider

2592 Palumbo DriveLexington, KY 40509

Commercial · 42,000 Sq. ft. | 2.10 Acres
$6 Active

2592 Palumbo Drive Overview

Time on Site:
38 days
Visits:
0

For Lease - 2592 Palumbo Drive | Lexington, KY 42,000 SF warehouse located on Palumbo Drive between Man O' War Boulevard and New Circle Road, offering excellent access to Lexington's primary industrial corridors. The building features six (6) dock-high doors, three (3) drive-in doors, and 25' clear ceiling heights, with a 40' clear height in the center bay. Functional layout ideal for distribution, warehousing, or light manufacturing. Additional features include outside storage located behind the building and a new roof installed in 2024, reducing near-term capital needs. Located in a strong industrial area with convenient access to major roadways. Lease Rate: $7.50 PSF NNN CAM: $1.05 PSF capital needs.

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2592 Palumbo Drive Facts & Features

  • Type Commercial
  • Sq. ft. 42,000
  • Price/Sq.ft. $0
  • Lot 2.10 Acres

Details

General

Income/Expenses

  • Existing Lease Type: NN

Building Information

  • Year Built: 1984

Business Information

  • Business Type: Industrial

Location/Region

  • County Or Parish: Fayette
  • MLS Area Major: 002 - Fayette County NE
  • MLS Area Minor: 002 - Fayette County NE
  • Subdivision Name: Commercial

Rent/Lease Information

  • Lease Term: 5 Year
  • Tenant Pays: Common Area Maintenance,Electricity,Exterior Maintenance,Sewer,Trash Collection,Water,Interior Maintenance

General Information

  • Parcel Number: 23035919
  • Property Sub Type: Industrial
  • Property Type: Commercial Lease
  • Zoning: Other

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 42000.0
  • Building Area Units: Square Feet

General Information

  • Leasable Area: 42000.0
  • Living Area: 42000.0
  • Living Area Units: Square Feet
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: On Site

Lot Information

  • Lot Size Acres: 2.1
  • Lot Size Area: 2.1
  • Lot Size Square Feet: 91476.0
  • Lot Size Units: Acres
  • Number Of Buildings: 1

Building Exterior/Construction

  • Attached Garage: false

2592 Palumbo Drive Neighborhood

Community

40509 (Lexington) Demographics

36
Median Age
1,026
Population Density (per sq. mile)
62%
College Educated
$79,977
Estimated Median Income
10,909
Estimated Total Home Owners
6,160
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2592 Palumbo Drive Market Data

Based on the last 30 days in this zip code

$575,979
Average List Price
$213
Average Price per Square Foot
66
Properties Sold
97
Average Days on Market
257
Properties for Sale
Calculations provided by Reliance Network

2592 Palumbo Drive History

Date Event Value Agent
5/22/2026Source: Imagine MLS/Bluegrass Added to Database
May 22, 2026