Flex Space with Fenced
For Lease
$2,500/Mo
312 Thompson Road, Lexington, KY 40508
COMMERCIAL - Lexington, KY
Space SizeContact for details
Property Size2,131 SF
Lot Size0.13 Acres
Days on Market267
Property Features for 312 Thompson Road
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
R-1C
Subdivision
Melrose
Directions
Located just off of Manchester Street
Standard status
Active
APN
21567475
Size
2,131 SF
Lot size
0.13 Acres
Building Details
Year built
1986
Listing Agency:
Bluegrass Property Exchange
(859) 469-9429
Listed By:
Jared Gadd
(859) 492-6441
Added: Nov 12, 2025
Changed: Aug 4
Last Checked: Aug 6 at 6:06PM
MLS# 25506009
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.
Available for lease at 312 Thompson Road, this 2,131-square-foot flex space combines administrative and warehouse functions in a compact commercial building. The layout includes two offices, two restrooms, a small warehouse area, and an overhead door. A fenced yard provides additional exterior space associated with the property.
Constructed in 1986, the building occupies a 0.1349-acre lot in Lexington, Kentucky. The property carries R-1C zoning and deed restrictions, which should be reviewed before proceeding with a lease. The combination of office areas, basic service facilities, warehouse space, overhead-door access, and a fenced yard creates a straightforward configuration for a range of commercial operations, subject to applicable restrictions.
Constructed in 1986, the building occupies a 0.1349-acre lot in Lexington, Kentucky. The property carries R-1C zoning and deed restrictions, which should be reviewed before proceeding with a lease. The combination of office areas, basic service facilities, warehouse space, overhead-door access, and a fenced yard creates a straightforward configuration for a range of commercial operations, subject to applicable restrictions.
Key Highlights
- 2,131 SF flex space on a 0.1349‑acre lot
- Two offices and two restrooms
- Small warehouse area with overhead door
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
NNN (Triple Net)
Lease Type
$2.11 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40508, KY
25,586
Population
11,458
Households
2.2
Avg Household Size
26
Median Age
36%
College-Educated
86%
High-School Grad
4.2 sq mi
ZIP Area
6,092
Density / Sq Mi
$28,040
Median Household Income
$13,316
Median Earnings
$900
Median Rent
$174,900
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 23% above the average of $11.41 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial building with offices, restrooms, warehouse space, an overhead door, and a fenced yard.
Where is this flex space located?
The property is located at 312 Thompson Road Lexington, KY.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 2,131 SF flex space on a 0.1349‑acre lot; Two offices and two restrooms; Small warehouse area with overhead door
