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    182 Turner Cmns Way Lexington, KY 40508

    For Lease
    $8 SF/Yr ($5,840 /Mo)

    COMMERCIAL - Lexington, KY

    Property size:
    8,761 SF
    Lot size:
    14.21 Acres
    Days on Market:
    91
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 182 Turner Cmns Way

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    20130900
    Size
    8,761 SF
    Lot size
    14.21 Acres

    Building Details

    Floors in Building
    1

    Block + Lot Real Estate 3090099

    Listing agent Amy P Mellinger (859) 309-0099

    Listing date Sep 12, 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

    Renovated Flex/Industrial Space Available

    This newly renovated flex/industrial facility is located in The Commons, a mixed-use development. The property offers accessibility to Lexington's major transportation routes, situated less than 5 miles from I-75 and I-64, under a mile from New Circle Road, and blocks from Downtown and Lexington's Central Business District. Built in 1959 and renovated in 2023, the space offers customizable flex/industrial options with available square footage ranging from 6,000 to 8,761 square feet. The facility features ceiling heights from 13 to 28 feet, LED lighting, 15' x 17' column spacing, a dry sprinkler system, gas heating, a new metal roof, and concrete slab flooring. Electrical capacity is 200 AMP. Drive-in doors are available. The property is zoned I-1 Light Industrial and includes walking trails, green space, security patrol with surveillance cameras, convenient surface parking with LED lighting, and easy access to retail.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Skin Care Clinic

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

    Similar Places Nearby

    Dupree Catering + Events, Bons Temps Catering, IP & J Cuban Food, Moveable Feast Inc, Apiary Fine Catering & Events

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.51893
    Latitude
    38.072595

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    FAQs

    What type of property is this?
    Flex space - Newly renovated flex/industrial facility in premier mixed-use development.
    Where is this flex space located?
    The property is located at 182 Turner Cmns Way Lexington, KY.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in The Commons, a premier mixed-use development, close to retail and Lexington's Central Business District.; - Unparalleled accessibility to major transportation routes (I-75, I-64, New Circle Road).; - Newly renovated in 2023, customizable flex/industrial space.
    (859) 309-0099
    Request Owner's contact information
    182 Turner Cmns Way Lexington, KY 40508
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    Lexington, KY 40508
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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
    182 Turner Cmns Way Lexington, KY 40508
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