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Flex Space with Mezzanine
For Lease
$12 SF/Yr
Pending

470 Conway Court, Lexington, KY 40511

Commercial Lease, Lexington, KY

Space Size1,602 SF
Property Size25,463 SF
Lot Size1.93 Acres
Days on Market620

Property Features for 470 Conway Court

General Information

Property type Commercial Lease
Property subtype Other
Zoning description I-1
Parking 35
Subdivision Commercial
Directions Located on the left side of Conway Ct. - outbound W. Main St. to Citation Blvd., right to Buck Lane, right onto Conway Ct.
Standard status Pending
APN 20066670
Size 1,602 SF
Lot size 1.93 Acres

Building Details

Year built 1999
Floors in Building 1
Listing Agency: Block + Lot Homes
Listed By: Peter Barr · License #65116
Added: Jan 27, 2025 Changed: Oct 8 Last Checked: Oct 9 at 3:06PM
MLS# 25001341

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.

Suite A-4 offers 1,602 SF of flex space within a two-building industrial property totaling 25,463 SF. The suite includes 487 SF of office space with one office and a restroom, plus warehouse area, one grade-level drive-in door, and 1,810 SF of mezzanine space excluded from the stated total. The broader facility uses block and metal construction and provides 19' clear height, metal halide lighting, and 3-phase electric service.

The property sits on 1.93 acres at 470 Conway Court in Lexington, Kentucky, near Buck Lane and the Citation Boulevard extension, with access to I-64/I-75. Site improvements include a recently resurfaced parking lot with +/- 25 parking spaces, new exterior LED wallpacks, and new exterior paint. The facility also includes eight grade-level doors and one outside truck well dock.

Key Highlights

  • 1,602 SF Suite A‑4 with 487 SF of office area
  • 1,810 SF mezzanine space excluded from the stated total SF
  • 19' clear height with 8 GL drive‑in doors

Property Analytics

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Open Analytics

Current Use

Broadway Computer Services Electronics & Wireless Store Terracon Consultants, Inc. Engineering Consultant Set The Stage Home ... Interior Design OCD Pellets Department Store Doc's Products Inc. (Bike/Boat/Book/etc) Store

Suggested Use

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

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

19 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby
Under-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$12.05 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
24,783 SF
Avg Space Size

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
Rey
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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 - Managed flex space combines office and warehouse areas with a grade-level drive-in door and dedicated restroom.
Where is this flex space located?
The property is located at 470 Conway Court Lexington, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1,602 SF Suite A‑4 with 487 SF of office area; 1,810 SF mezzanine space excluded from the stated total SF; 19' clear height with 8 GL drive‑in doors
More about this property
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