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Lexington Land for Lease
For Lease
$2,500/Mo

250 Lima Drive, Lexington, KY 40511

COMMERCIAL - Lexington, KY

Space SizeContact for details
Lot Size4.00 Acres
Days on Market129

Property Features for 250 Lima Drive

General Information

Property type Commercial Lease
Property subtype Other
Parking features Open
Subdivision Commercial
Directions Traveling on New Circle Road, exit US-25 ramp to Lexington/Georgetown, exit onto US-25 S/Georgetown St, turn right onto Lima Drive, property at the end of Lima Drive.
Standard status Active
APN 10365325
Lot size 4.00 Acres

Building Details

Year built 1972
Listing Agency: Keller Williams Commonwealth · Keller Williams Realty
Listed By: Bryan Little · License #217370
Added: Apr 27 Changed: Aug 4 Last Checked: Sep 2 at 3:06AM
MLS# 26009232

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Approximately 4.0 acres of I-1 zoned land is available for lease. Located off New Circle Road and Georgetown Street in North Lexington, the site provides access to major transportation routes, including I-64 and I-75. Subject to zoning and landlord approval, the property is suitable for outdoor storage uses, such as contractor yards, equipment storage, and fleet parking. The site offers a flexible layout that can accommodate a variety of industrial users.

Key Highlights

  • 4.0 acres of I‑1 zoned land suitable for outdoor storage
  • Located off New Circle Road and Georgetown Street in North Lexington
  • Provides access to I‑64 and I‑75

Property Analytics

Current Use

Bluegrass Truss Co Roofing Company Bluegrass Truss Company Industrial Manufacturer

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Skin Care Clinic Hair Salon (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

421
Businesses Nearby

Demographics for 40511, KY

36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - 4-acre I-1 zoned land suitable for outdoor storage.
Where is this industrial land located?
The property is located at 250 Lima Drive Lexington, KY.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 4.0 acres of I‑1 zoned land suitable for outdoor storage; Located off New Circle Road and Georgetown Street in North Lexington; Provides access to I‑64 and I‑75
More about this property
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