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    1585 Mercer Rd, Unit 110 Lexington, KY 40511

    For Lease
    $14 SF/Yr ($6,854 /Mo)

    COMMERCIAL - Lexington, KY

    Property size:
    5,875 SF
    Lot size:
    0.99 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 1585 Mercer Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I-1
    APN
    38018320
    Size
    5,875 SF
    Lot size
    0.99 Acres

    Building Details

    Year built
    2020
    Floors in Building
    1

    Block + Lot Real Estate 3090099

    Listing agent Alaina Stokes (859) 309-0099

    Listing date Nov 19, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lexington Flex Space Available

    Located in the industrial corridor of Lexington, 1585 Mercer Rd. #110 provides 5,785 square feet of endcap flex space. Constructed in 2020 and expanded in 2021, this high-end industrial development offers flex space. The building is situated less than one mile from New Circle Road via Georgetown Road. Suite 110 features a creative space plan with employee amenities, complemented by 19 to 21-foot clear height ceilings in the reception, office atrium, and warehouse. Executive offices on the first and mezzanine floors overlook a spacious lobby and reception area. A warehouse with a drive-in door is attached for storage or light manufacturing. Signage is visible from Mercer Road. The property is zoned I-1 and sits on a 0.99-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    May Demolition Container Service Mefford Contracting General Contractor Joseph Mefford Physical Therapist Rapid Fire Home ... Property Investment Company Handyman Connection of Lexington Carpenter

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Firehouse Subs Leestown, Miss Milolo cuisine

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.520316
    Latitude
    38.076086

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    FAQs

    What type of property is this?
    Flex space - Endcap flex space in Lexington's industrial northwest corridor.
    Where is this flex space located?
    The property is located at 1585 Mercer Rd, Unit 110 Lexington, KY.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Endcap unit with approximately 6,000 SF of creative office/flex space.; - Located less than one mile from New Circle Road via Georgetown Road.; - 19-21 ft clear height ceilings in reception, office atrium, and warehouse.
    (859) 309-0099
    Request Owner's contact information
    1585 Mercer Rd, Unit 110 Lexington, KY 40511
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    Lexington, KY 40511
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1585 Mercer Rd, Unit 110 Lexington, KY 40511
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