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Basement Warehouse Storage
For Lease
$400/Mo

763 Lane Allen Road, Lexington, KY 40504

Commercial Lease, Lexington, KY

Space Size915 SF
Lot Size0.21 Acres
Days on Market262

Property Features for 763 Lane Allen Road

General Information

Property type Commercial Lease
Property subtype Other
Zoning B-1
Rooms Basement
Basement Sump Pump, Concrete, Walk-Up Access, Exterior Entry
Subdivision Commercial
Directions Harrodsburg Rd to Lane Allen
Standard status Active
APN 25932000
Size 4,454 SF
Lot size 0.21 Acres

Building Details

Year built 1952
Floors in Building 3
Listing Agency: The Gibson Company
Listed By: Christa Collins · License #239962
Added: Jan 29 Changed: Oct 12 Last Checked: Oct 18 at 3:06AM
MLS# 26001878

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.

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Investment Insights

Based on property information with market context.

The property includes a 915-square-foot basement storage area configured for commercial material storage. Access is provided through an exterior rear door with steps, creating a separate entry for users and stored goods. The space has previously accommodated ladders, materials, and shelving. The property carries B-1 zoning and was constructed in 1952.

Key Highlights

  • 915 SF basement storage area
  • Exterior rear‑door access with steps
  • Previously used for ladders, materials, and shelving

Property Analytics

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Current Use

Divine Salon and Spa Hair Salon Lara's Beauty Salon Hair Salon

Suggested Use

Top Pick Law Firm Building Supply Auto Parts Store Hair Salon Big Box & Wholesale Store 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.

Lease Details

NNN (Triple Net)
Lease Type
$0.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,514
Businesses Nearby
Under-served
Demand for This Use

Demographics for 40504, KY

26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
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

$9.48 /SF/Yr
Avg Asking Price
$1.08–$22.08 /SF/Yr
Price Range
34,004 SF
Avg Space Size

This space is priced 45% below the average of $9.48 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Warehouse - Enclosed storage area with dedicated exterior access and stair entry.
Where is this warehouse located?
The property is located at 763 Lane Allen Road Lexington, KY.
What is the lease rate?
The lease rate is $400/Mo.
What are key features of this property?
This property features: 915 SF basement storage area; Exterior rear‑door access with steps; Previously used for ladders, materials, and shelving
More about this property
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