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Flex Space with Drive-In Warehouse
For Sale
Contact for pricing
Pending

2008 Mercer Road, Lexington, KY 40511

Multi-level R&D property combines open office areas with lower-level warehouse and support spaces.

Property SizeContact for details
Days on Market143

Property Features for 2008 Mercer Road

General Information

Standard status Pending
Property subtype Office, Industrial
Listing Agency: Coleman Group Commercial Real Estate & Property Managemenet
Listed By: Vickey Strunk · License #KY 42416
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 9:23PM

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 Coleman Group Commercial Real Estate & Property Managemenet

Investment Insights

Based on property information with market context.

This R&D building offers a multi-level configuration designed around both office and warehouse functions. Each floor features an open plan with 20 hardwall offices, providing a substantial built-out office component for a single occupant or multiple users.

The lower level adds a 3,528-square-foot drive-in warehouse along with a break room, class or training room, storage area, and data room. The combination of enclosed offices, operational space, and support areas creates a flexible commercial layout at 2008 Mercer Road in Lexington, Kentucky.

Key Highlights

  • 3,528 SF lower‑level drive‑in warehouse
  • 20 hardwall offices on each floor
  • Open floor plans across the office levels

Property Analytics

Current Use

Thoroughbred Times Co ... Advertising Agency Ledcor Construction Construction Company Better Choose Opioid ... Counselor Probation & Parole District ... Government Office Lansdowne Porta Building Supply

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Law Firm Dental Office Hair Salon Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby
Balanced
Demand for This Use

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Lexington KY Caterers-Smokin' Jax Grill BBQ Caterers 2408 Merchant St, Lexington, KY 40511

Frequently Asked Questions

What type of property is this?
Flex space - Multi-level R&D property combines open office areas with lower-level warehouse and support spaces.
Where is this flex space located?
The property is located at 2008 Mercer Road Lexington, KY.
What are key features of this property?
This property features: 3,528 SF lower‑level drive‑in warehouse; 20 hardwall offices on each floor; Open floor plans across the office levels
More about this property
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