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Flex Space Development with Dock and Drive-In Doors
For Lease
$10 SF/Yr

1865 Liberty Road, Lexington, KY 40505

COMMERCIAL - Lexington, KY

Space Size3,980 SF - 37,208 SF
Property Size62,988 SF
Lot Size3.67 Acres
Days on Market9

Property Features for 1865 Liberty Road

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Zoning B-4
Parking 129
Directions From downtown Lexington, take Winchester Road outbound to a right onto Liberty Road. The site is located on your left just before the New Circle Road intersection.
Subdivision 002 - Fayette County NE
Standard status Active
APN 43075600
Size 62,988 SF
Lot size 3.67 Acres

Amenities

building signage

Building Details

Year built 2026
Listing Agency: Block + Lot Homes
Listed By: Alaina Stokes · License #74753
Added: Jul 29 Changed: Aug 4 Last Checked: Aug 6 at 10:06AM
MLS# 26020260

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.

Liberty Station is a new industrial/flex development under construction in Lexington, KY, featuring two pre-engineered metal buildings totaling 62,988 SF on 3.67 acres. The project is slated for completion in Q1 2027 and is designed for build-to-suit office with glass storefronts.

The flex spaces include LED lighting, 16'-18' clear height, 6" reinforced concrete, 3-phase electric, and suspended gas heat. Truck loading is supported by 17 total dock doors with edge of dock levelers and 16 total 10'x12' drive-in doors. A single column line spacing layout supports flexible configurations, with suite sizes ranging from 3,980 SF minimum divisibility to 37,208 SF maximum. The development provides 129 parking spaces and building signage for new tenants, and it is zoned B-4.

Liberty Station is located near the intersection of New Circle Road and Liberty Road in Lexington’s eastern corridor, approximately 3 miles from I-64/I-75 via the Winchester Road exit of New Circle Road, with nearby retail amenities along Richmond Road.

Key Highlights

  • Two pre‑engineered metal buildings totaling 62,988 SF on 3.67 acres
  • Completion targeted for Q1 2027, under construction with B‑4 zoning
  • Build‑to‑suit office with glass storefronts and LED lighting

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Locksmith Nail Salon Acupuncture (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

18 ft
Clear height
17
Dock-high doors
16
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby
Well-served
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

Market

Lease Benchmarks for Lexington, KY

$11.41 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
33,391 SF
Avg Space Size

This space is priced 12% below the average of $11.41 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Selma's Catering & Events 720 Henry Clay Blvd, Lexington, KY 40505
  • Athenian Grill Office 1117 Winchester Rd, Lexington, KY 40505

Frequently Asked Questions

What type of property is this?
Flex space - Under-construction flex space development in B-4 zoning with build-to-suit office, storefront glass, and multiple dock and drive-in doors.
Where is this flex space located?
The property is located at 1865 Liberty Road Lexington, KY.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Two pre‑engineered metal buildings totaling 62,988 SF on 3.67 acres; Completion targeted for Q1 2027, under construction with B‑4 zoning; Build‑to‑suit office with glass storefronts and LED lighting
More about this property
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