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Flex Space with Drive-In Door
For Lease
$1,500/Mo Modified Gross

1532 N Limestone, Lexington, KY 40505

B-4-zoned flex space combines office, restroom, and warehouse/shop functionality.

Space Size1,500 SF
Days on Market58

Property Features for 1532 N Limestone

General Information

Standard status Active
Size 1,500 SF
Net Rentable 1,500 SF
Property subtype Industrial
Zoning B-4
Lease Type Modified Gross

Space & Availability

Available Space 1,500 SF
Contiguous Space 1,500 SF
Space Use Flex

Lease Terms

Lease Rate $1,500 /USD/MO
Monthly Rent $1,500
Rent per SF/Year $12

Site & Location

Neighborhood North Limestone Nghd Assoc
Highway Access Yes
Road Access Yes

Additional Details

Drive-In Doors 1

Amenities

Power
Water
Sewer
Natural Gas
Vacant

Building Details

Year Built 2016
Tenancy Multi-Tenant

Spaces For Lease

at 1532 N Limestone
Available Space $12/Mo
Contact us
Listing Agency: The Gibson Company
Listed By: Ed Richardson · License #209184
Source: Kcrea.resimplifi
Added: Sep 10 Changed: Nov 4 Last Checked: Nov 6 at 5:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Gibson Company

Rey
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Investment Insights

Based on property information with market context.

This 1,500-square-foot flex space, built in 2016, combines a small office, restroom, and warehouse/shop area. A 14-foot drive-in door supports access for equipment, inventory, and other commercial operations.

Positioned on North Limestone in Lexington, the property offers access to Downtown Lexington, New Circle Road, and I-75. B-4 zoning further identifies the site within a commercial setting suited to flex-space use.

Key Highlights

  • 1,500 SF of flex space
  • 14' drive‑in door
  • Small office and restroom included

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

ceramicworks | premium detailing Car Wash Lopez Detailing Shop Car Wash Mulberry Roofing Roofing Company Southern Office Solutions Dental Office Lexington Equine Laundry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Storage Facility Skin Care Clinic (Bike/Boat/Book/etc) 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

1
Drive-in doors
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

866
Businesses Nearby
Balanced
Demand for This Use

Demographics for 40505, KY

26,278
Population
12,026
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,285
Density / Sq Mi
$58,922
Median Household Income
$33,517
Median Earnings
$914
Median Rent
$166,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$10.91 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
25,466 SF
Avg Space Size

This space is priced 10% above the average of $10.91 /SF/Yr.

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

Similar Off Market Nearby

  • Minton's — 760 N Limestone, Lexington, KY 40508
  • Bayou Bluegrass Catering — 704 N Limestone, Lexington, KY 40508
  • Mommy’s Kitchen — 101 W Loudon Ave, Lexington, KY 40508
  • Up In Smome BBQ - Food truck and Catering — 1650 Bryan Station Rd, Lexington, KY 40505
  • Jesse's Slooo Good BBQ Catering — 1313 N Limestone, Lexington, KY 40505

Frequently Asked Questions

What type of property is this?
Flex space - B-4-zoned flex space combines office, restroom, and warehouse/shop functionality.
Where is this flex space located?
The property is located at 1532 N Limestone Lexington, KY.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 1,500 SF of flex space; 14' drive‑in door; Small office and restroom included
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Includes: Price & PSF · Cap rate · Location · Zoning

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