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New Industrial Flex Space
For Lease
$10 SF/Yr

1865 Liberty Road, Lexington, KY 40505

Commercial Lease, Lexington, KY

Space Size3,980 SF - 37,208 SF
Property Size62,988 SF
Lot Size3.67 Acres
Days on Market56

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

Building Details

Year built 2026
Listing Agency: Block + Lot Homes
Listed By: Alaina Stokes · License #74753
Added: Jul 29 Changed: Sep 12 Last Checked: Sep 22 at 6:06AM
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 an under-construction flex and industrial development comprising two pre-engineered metal buildings with a combined 62,988 square feet. The project occupies 3.67 acres and offers divisible suites from 3,980 to 37,208 square feet. Planned improvements include build-to-suit office areas with glass storefronts, LED lighting, 16- to 18-foot clear heights, 6-inch reinforced concrete floors, 3-phase electric service, suspended gas heat, and single-column spacing.

Loading capacity includes 17 dock doors with edge-of-dock levelers and 16 10-by-12-foot drive-in doors. The development also provides 129 parking spaces and building signage for new tenants. Located near New Circle Road and Liberty Road in Lexington’s eastern corridor, the property is approximately 3 miles from I-64/I-75 via the Winchester Road exit of New Circle Road. Downtown Lexington, Lexus of Lexington, The Warehouse Block, Hamburg Pavilion, and Richmond Road retail amenities are nearby.

Key Highlights

  • 62,988 SF industrial/flex development across two pre‑engineered metal buildings
  • 3.67‑acre site with suite sizes from 3,980 SF to 37,208 SF
  • 17 dock doors with edge‑of‑dock levelers and 16 10'x12' drive‑in doors

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Nail Salon Law Firm Spa & Massage Center Hair Salon Skin Care Clinic

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
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

733
Businesses Nearby
Under-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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$11.96 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
24,989 SF
Avg Space Size

This space is priced 16% below the average of $11.96 /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
Rey
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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 development with customizable office areas, loading access, and modern industrial building specifications.
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: 62,988 SF industrial/flex development across two pre‑engineered metal buildings; 3.67‑acre site with suite sizes from 3,980 SF to 37,208 SF; 17 dock doors with edge‑of‑dock levelers and 16 10'x12' drive‑in doors
More about this property
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