Lexington, KY Industrial Properties for Sale

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30 properties

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Updated: Jul 23

Flex Warehouse with Docks

1040-1050 Eastland Drive, Lexington, KY 40505

$2,450,000

30,488 sqft 1.41 AC lot

30,488 total SF demised into three sizes and offered as 17,247 SF for lease or owner‑occupant/investment sale
Excellent office‑to‑warehouse ratio with 13.65% office space and newer renovated office areas
Warehouse features 6 docks, 4 drive‑ins, and 16' clear height
1.41 acres zoned I‑1 with concrete block construction (1970–1974)
LED lighting and wet sprinkler system

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This listing looks promising.

Here's a quick look at some key insights for

1040-1050 Eastland Drive, Lexington, KY 40505

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Est. Cap Rate

9%
Above avg (5.9%)
Est. NOI

$219K
Annual
Mortgage

$1.55M
Feb 2019
Property Type

Mixed Use
Built 1970

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Updated: Aug 18

Flex Property with Warehouse

2408 Merchant Street, Lexington, KY 40510

$1,060,000

7,152 sqft 1.00 AC lot

Two‑building flex property on 1 acre
Approximately 6,000 SF warehouse and office facility
Dedicated office building with 3 private offices and conference room
1,363 SF mezzanine located outside the primary building area
17‑foot ceilings in a workshop measuring approximately 38'11" x 57'11"

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Renovated Creative Office Building

146 E Third Street, Lexington, KY 40508

$1,750,000

6,848 sqft 0.21 AC lot

Historic two-story workspace combines open areas, original finishes, and modern building systems.

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Flex Space with Drive-In Doors

1051 Goodwin Dr, Lexington, KY 40505

$624,000

5,500 sqft 0.34 AC lot

Industrial building with open storage areas, rear loading access, and I-1 zoning for service or light industrial operations.

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Updated Flex Building with Warehouse

1040 Manchester Street, Lexington, KY 40508

$1,250,000

11,578 sqft 0.80 AC lot

Office, warehouse, and loading functions are combined with coolers, backup power, and access for large truck deliveries.

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Flex Space with Loading Docks

1040-1050 Eastland Dr, Lexington, KY 40505

$2,450,000

30,488 sqft 1.41 AC lot

Industrial flex property with warehouse areas, office improvements, and multiple loading options for business operations.

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Industrial Flex Warehouse with Docks

10401050 Eastland Drive, Lexington, KY 40505

$2,450,000

30,488 sqft

Concrete block industrial flex building features six docks, four drive-ins, 16' clear height, and newer EPDM roofs.

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Flex Space with Drive-In Access

709 Allenridge Point, Lexington, KY 40510

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6,000 sqft 1.40 AC lot

I-1-zoned suite combines finished offices, open warehouse area, three-phase power, and rear yard space.

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Light Industrial Manufacturing Facility

1953 Mercer Road, Lexington, KY 40511

$14,000,000

178,379 sqft 13.98 AC lot

Manufacturing facility on 13.976 acres with four docks, two grade-level doors, and 100% climate-controlled space.

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Updated Flex Space with Loading Dock

1040 Manchester St, Lexington, KY 40508

$1,250,000

11,578 sqft 1.00 AC lot

Light industrial zoning, adaptive reuse overlay, and integrated office and warehouse areas support a range of business operations.

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Flex Space Suite

1850 Bryant Road, Lexington, KY 40509

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6,000 sqft 7.10 AC lot

Light industrial suite within a larger office and warehouse complex on a multi-acre site.

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Light Industrial Warehouse with Office

1095 Majaun Rd, Lexington, KY 40511

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5,320 sqft

Zoned I-1 property with office space, warehouse area, and secure outdoor yard for equipment or vehicle storage.

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Industrial Land with Improvements

331-341 Henry St, Lexington, KY 40508

$995,000

10,496 sqft

I-1-zoned property includes office, warehouse, basement, and grain-processing improvements.

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Lexington Industrial Facility on 6 Acres

510 Henry Clay Blvd, Lexington, KY 40505

$4,500,000

105,804 sqft

Strategically located 105,804 SF industrial facility on 5.957 acres.

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Flex Space with Warehouse

196 E New Circle Rd, Lexington, KY 40505

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21,371 sqft 0.80 AC lot

Versatile commercial building combining showroom, office, and warehouse areas under B-3 Highway Service Business zoning.

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Warehouse with Fenced Outdoor Storage

740 758 Phillips Lane, Lexington, KY 40504

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5,080 sqft 2.00 AC lot

Heavy industrial warehouse with fenced outdoor storage, well-suited for logistics, contractors, and inventory-holding operations.

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Mixed-Use Development Near Lexington Airport

1051 Newtown Pike, Lexington, KY 40511

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86,700 sqft 9.88 AC lot

Four-building mixed-use property with office, retail, flex, and warehouse space.

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Industrial Flex Building with Fenced Lot

351 United Ct, Lexington, KY 40509

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24,300 sqft

Versatile industrial-flex space with drive-in access, three-phase power, and finished offices for equipment-intensive operations.

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Industrial Manufacturing Building

2029 Buck Ln, Lexington, KY 40511

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38,800 sqft 2.63 AC lot

I-1-zoned facility combines dedicated office, manufacturing, warehouse, and distribution capabilities with upgraded heavy power.

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Industrial Building with Dock Doors

1040 Eastland Dr, Lexington, KY 40505

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30,428 sqft 1.00 AC lot

Standalone industrial facility offers renovated office space and a warehouse with dock-high and grade-level doors.

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Mixed-Use Development on 19.71 Acres

1300 New Circle Road, Lexington, KY 40505

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309,135 sqft 19.71 AC lot

Five-building mixed-use development with office, retail, flex, and warehouse space.

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Class A Industrial Distribution Warehouse

2155 Young Drive, Lexington, KY 40505

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175,620 sqft

Turnkey Class A industrial facility offers 23' clear height and extensive dock capacity for manufacturers, distributors, and 3PLs.

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Industrial Flex Space Available

1050 Enterprise Dr, Lexington, KY 40510

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3,500 sqft

Versatile industrial flex space for sublease in Lexington, Kentucky.

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Updated Flex Warehouse

4976 Old Versailles Rd, Lexington, KY 40510

$399,900

3,200 sqft

B-1 zoned flex warehouse for sale with updated roof, improved floor system, and gas heat/central air.

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Lexington, KY Industrial Properties Market Trends and Statistics

Explore 72 industrial properties for sale in Lexington, KY, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 1,167,005 square feet of properties for sale, with an estimated market value of $33,178,900.

Sale prices for industrial buildings in Lexington, KY start at $399,900, averaging $2,764,908, and reaching up to $14,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 322K

Population Growth (5Y) +1.0%

Median Household Income $71,202

College Educated 25.6%

High-Yield Neighborhoods for Investment

Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
40510	$486.6K
40508	$1.3M
40505	$2.1M
40511	$7M

Taxes & Financing

Tax Rate (average for all types) 1.22%

Property Tax per SF $11.25 per SF

Tax Rate vs County Average 0.01 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fayette County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Fayette County

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