Flex Space with Drive-In
For Lease
$9.25 SF/Yr
470 Conway Ct, Lexington, KY 40511
I-1-zoned flex property combines office and warehouse areas with drive-in access, truck loading, and three-phase electric service.
Space Size3,173 SF
Property Size25,463 SF
Lot Size1.93 Acres
Days on Market392
Property Features for 470 Conway Ct
General Information
Standard status
Active
Size
3,173 SF
Net Rentable
3,173 SF
Total Parking Spaces
25
Lot size
1.93 Acres
Property subtype
Industrial
Zoning
I-1
Lease Type
NNN
Space & Availability
Available Space
3,173 SF
Contiguous Space
3,173 SF
Space Use
Flex
Warehouse & Industrial
Clear Height
19 ft
Drive-In Doors
2
Three-Phase Power
Yes
Additional Details
Highway Access
Yes
Amenities
25 Parking Spaces
Building Details
Year Built
1999
Buildings
2
Building Size
25,463 SF
Construction
split-faced block and metal
Spaces For Lease
at 470 Conway Ct Contact usAvailable Space $9.25/Mo
Contact us
Listing Agency:
Block & Lot Real Estate
(859) 351-7924
Listed By:
Peter Barr · License #65116
(859) 351-7924
Source:
Kcrea.resimplifi
Added: Aug 6, 2025
Changed: Aug 30
Last Checked: Aug 31 at 12:51PM
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 Block & Lot Real Estate
Investment Insights
Based on property information with market context.
The property comprises two flex buildings constructed in 1999 with a combined 25,463 SF on 1.93 acres zoned I-1. Split-faced block and metal construction, 19-foot clear height, metal halide lighting, and three-phase electric support the facility’s industrial configuration. The overall layout is approximately 35% office and 65% warehouse, with approximately 25 parking spaces, 8 GL drive-in doors, and 1 outside truck well dock.
Suite B-8 contains 3,173 total SF, divided approximately evenly between office and warehouse areas. Its office component includes reception, individual offices, a conference room, open workspace, break room, and restrooms. The warehouse area includes suspended gas heat, 19-foot clear height, and 2 drive-in doors.
The property is in Lexington’s north/northwest corridor near Buck Lane and Citation Boulevard, with access to the Leestown and Georgetown Road corridors and proximity to FedEx, Coca Cola, Columbia Gas, UPS, and Amazon. Site improvements include a recently resurfaced parking lot, new exterior LED wallpacks, and new exterior paint.
Suite B-8 contains 3,173 total SF, divided approximately evenly between office and warehouse areas. Its office component includes reception, individual offices, a conference room, open workspace, break room, and restrooms. The warehouse area includes suspended gas heat, 19-foot clear height, and 2 drive-in doors.
The property is in Lexington’s north/northwest corridor near Buck Lane and Citation Boulevard, with access to the Leestown and Georgetown Road corridors and proximity to FedEx, Coca Cola, Columbia Gas, UPS, and Amazon. Site improvements include a recently resurfaced parking lot, new exterior LED wallpacks, and new exterior paint.
Key Highlights
- 25,463 SF across two flex buildings on 1.93 I‑1‑zoned acres
- 19‑foot clear height with 8 GL drive‑in doors and 1 outside truck well dock
- Suite B‑8 offers 3,173 total SF with approximately 50% office and 50% warehouse
Property Analytics
Property Profile
Current Use
Lease Details
19 ft
Clear height
2
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.39 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Lexington, KY
$11.65 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
30,561 SF
Avg Space Size
This space is priced 21% below the average of $11.65 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - I-1-zoned flex property combines office and warehouse areas with drive-in access, truck loading, and three-phase electric service.
Where is this flex space located?
The property is located at 470 Conway Ct Lexington, KY.
What is the lease rate?
The lease rate is $9.25 SF/Yr.
What are key features of this property?
This property features: 25,463 SF across two flex buildings on 1.93 I‑1‑zoned acres; 19‑foot clear height with 8 GL drive‑in doors and 1 outside truck well dock; Suite B‑8 offers 3,173 total SF with approximately 50% office and 50% warehouse
