Versatile Industrial Space in
For Lease
$13 SF/Yr Modified Gross
670 Bizzell Drive, Lexington, KY 40510
COMMERCIAL - Lexington, KY
Space SizeContact for details
Property Size5,720 SF
Lot Size0.90 Acres
Days on Market122
Property Features for 670 Bizzell Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Property condition
Under Construction
Zoning description
I-1 Light Industrial
Parking
8
Subdivision
Commercial
Directions
From downtown Lexington (example starting point): Head west on W Main St toward Oliver Lewis Way Continue onto Versailles Rd (US-60 W) Stay on Versailles Rd for ~2 miles Turn right onto Bizzell Dr Continue straight - 670 Bizzell Dr will be on your left
Standard status
Active
APN
10006660
Size
5,720 SF
Lot size
0.90 Acres
Utilities
Sewer type
Public Sewer
Building Details
Year built
2026
Listing Agency:
Bluegrass Commercial Real Estate
(859) 492-5416
Listed By:
Hogan Goodwin
(606) 273-3368
Added: Apr 7
Changed: Aug 4
Last Checked: Aug 6 at 7:06PM
MLS# 26007283
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.
Located in the Old Frankfort Industrial Park, 670 Bizzell Drive offers 5,200 square feet of light industrial space. The property can be leased as one full unit or divided into two approximately 2,600 square-foot units. Each side of the building features a 14' x 14' drive-in door with 16' clear heights and clear-span construction, allowing for efficient warehouse use and drive-through capability with front and rear access. This setup is suitable for contractors, distribution, light manufacturing, or service-based operators. The property includes approximately eight on-site parking spaces, with additional on-street parking available along Bizzell Drive. Strong signage visibility from New Circle Road enhances brand exposure, while convenient access to downtown Lexington and immediate connectivity to New Circle provides logistical positioning. The property is zoned I-1 (Light Industrial). The lease type is modified gross, with the tenant paying utilities and trash. Expected delivery is late May 2026. The lot size is 0.9 acres.
Key Highlights
- Flexible Space: Can be leased as one 5,200 SF unit or divided into two 2,600 SF units.
- Drive‑through Capability: Front and rear access with 14' x 14' drive‑in doors.
- Excellent Location: Immediate connectivity to New Circle Road and convenient access to downtown Lexington.
Property Analytics
Property Profile
Current Use
Lease Details
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
255
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40510, KY
1,562
Population
426
Households
3.7
Avg Household Size
38
Median Age
27%
College-Educated
82%
High-School Grad
22.7 sq mi
ZIP Area
69
Density / Sq Mi
$155,625
Median Household Income
$23,250
Median Earnings
$725,000
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 14% above the average of $11.41 /SF/Yr.
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 5,200 SF light industrial space for lease in Lexington, KY.
Where is this flex space located?
The property is located at 670 Bizzell Drive Lexington, KY.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Flexible Space: Can be leased as one 5,200 SF unit or divided into two 2,600 SF units.; Drive‑through Capability: Front and rear access with 14' x 14' drive‑in doors.; Excellent Location: Immediate connectivity to New Circle Road and convenient access to downtown Lexington.
