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I-1 Industrial Land
For Lease
$2,500/Mo

250 Lima Dr, Lexington, KY 40511

Flexible industrial land for outdoor storage, subject to zoning and landlord approval.

Space SizeContact for details
Days on Market173

Property Features for 250 Lima Dr

General Information

Standard status Active
Property subtype Land
Zoning I-1

Spaces For Lease

at 250 Lima Dr
Available Space $2,500/Mo
Contact us
Listing Agency: Keller Williams Commonwealth
Listed By: Bryan Little · License #217370
Source: Kcrea.resimplifi
Added: Apr 27 Changed: Oct 5 Last Checked: Oct 16 at 5:44AM

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 Keller Williams Commonwealth

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Investment Insights

Based on property information with market context.

This 4.0-acre industrial land site is zoned I-1 and offered for lease. Its open layout can support outdoor storage operations such as contractor yards, equipment storage, and fleet parking, subject to applicable zoning requirements and landlord approval.

The property is located at 250 Lima Dr in North Lexington, just off New Circle Road and Georgetown Street. Access to major transportation routes includes I-64 and I-75, providing practical connectivity for industrial users moving equipment, vehicles, and materials.

Key Highlights

  • 4.0 acres of industrial land
  • I‑1 zoning
  • Outdoor storage uses subject to zoning and landlord approval

Property Analytics

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Current Use

Bluegrass Truss Co Roofing Company Bluegrass Truss Company Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Hair Salon Dental Office Law Firm Nail Salon Parking Lot & Garage

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

376
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Industrial land - Flexible industrial land for outdoor storage, subject to zoning and landlord approval.
Where is this industrial land located?
The property is located at 250 Lima Dr 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 industrial land; I‑1 zoning; Outdoor storage uses subject to zoning and landlord approval
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