Flex Space with Drive-Through
For Lease
$8 SF/Yr
440 N Estill Avenue, Richmond, KY 40475
Commercial Lease, Richmond, KY
Space Size5,000 SF - 40,000 SF
Lot Size3.50 Acres
Days on Market118
Property Features for 440 N Estill Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning description
Industial-I2
Parking
55
Subdivision
Downtown
Directions
End of North Estill Ave. on right
Standard status
Active
APN
R009-0026-0029
Size
40,000 SF
Lot size
3.50 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Building Details
Year built
1972
Floors in Building
1
Listing Agency:
Coldwell Banker McMahan
(859) 625-5559
Listed By:
William Schlosser · License #276902
(859) 805-9014
Added: Jun 1
Changed: Sep 12
Last Checked: Sep 26 at 5:06PM
MLS# 26014976
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.
This 40,000-square-foot flex property provides adaptable commercial space for lease, with sections ranging from 5,000 to 40,000 square feet. Areas may be leased separately or combined, and individual addresses have been assigned to the sections. The building features wide-open interiors, tall ceilings, drive-through doors, loading docks, and three-phase power. Build-to-suit is also available, with lease terms subject to negotiation.
Built in 1972, the property occupies 3.5 acres and is heated by natural gas. Public sewer serves the site. Its location at 440 N Estill Avenue places the facility close to downtown Richmond with convenient access to I-75. The configuration supports a range of business and organizational uses while allowing occupants to select a space size that fits their operational needs.
Built in 1972, the property occupies 3.5 acres and is heated by natural gas. Public sewer serves the site. Its location at 440 N Estill Avenue places the facility close to downtown Richmond with convenient access to I-75. The configuration supports a range of business and organizational uses while allowing occupants to select a space size that fits their operational needs.
Key Highlights
- Sections available from 5,000 to 40,000 square feet
- 40,000‑square‑foot flex building on 3.5 acres
- Divisible or combinable sections with individual addresses
Property Analytics
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Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40475, KY
62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value
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Market
Lease Benchmarks for Richmond, KY
$9.32 /SF/Yr
Avg Asking Price
$7.48–$11 /SF/Yr
Price Range
23,064 SF
Avg Space Size
This space is priced 14% below the average of $9.32 /SF/Yr.
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial space offers divisible layouts, tall ceilings, loading docks, and three-phase power for varied operations.
Where is this flex space located?
The property is located at 440 N Estill Avenue Richmond, KY.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Sections available from 5,000 to 40,000 square feet; 40,000‑square‑foot flex building on 3.5 acres; Divisible or combinable sections with individual addresses
