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Flex Space With Multiple Buildings
For Sale
$589,900
Pending

5374 Lexington Road, Lancaster, KY 40444

Commercial Sale, Lancaster, KY

Property Size7,800 SF
Lot Size6.87 Acres
Days on Market122

Property Features for 5374 Lexington Road

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Rural
Directions 2 miles South of Hwy-34 on US-Hwy 27 (Lexington Rd.)
Standard status Pending
APN 21-27 & 21-29
Size 7,800 SF
Lot size 6.87 Acres

Building Details

Building materials Block
Listing Agency: Danny Ayres Realty & Auction
Listed By: H Daniel Ayres
Added: May 28 Changed: Sep 12 Last Checked: Sep 26 at 2:06PM
MLS# 26012261

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 flex-space property encompasses 6.87 acres with 7,800 square feet across five existing buildings. Improvements include a five-bent equipment shed, two garages, and two metal buildings, creating a mix of enclosed and covered space for equipment storage, workshop operations, or small-business use. Block construction is present within the property improvements.

The offering consists of two tracts, and the seller is willing to sell them separately. The unrestricted acreage provides room for vehicles, machinery, and recreational equipment while preserving the existing multi-building layout. Located at 5374 Lexington Road in Lancaster, Kentucky, the property combines substantial land with several functional structures.

Key Highlights

  • 6.87 acres with 7,800 square feet of improvements
  • Five existing buildings, including two garages and two metal buildings
  • Five‑bent equipment shed provides covered equipment storage

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby
Well-served
Demand for This Use

Demographics for 40444, KY

14,075
Population
6,096
Households
2.3
Avg Household Size
44
Median Age
19%
College-Educated
88%
High-School Grad
159.5 sq mi
ZIP Area
88
Density / Sq Mi
$62,324
Median Household Income
$40,473
Median Earnings
$785
Median Rent
$194,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Unrestricted acreage with garages, metal buildings, and an equipment shed supports storage, workshop, and business uses.
Where is this flex space located?
The property is located at 5374 Lexington Road Lancaster, KY.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: 6.87 acres with 7,800 square feet of improvements; Five existing buildings, including two garages and two metal buildings; Five‑bent equipment shed provides covered equipment storage
More about this property
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