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1.5-Story Office Building with Basement
For Lease
$2,000/Mo

767 Lane Allen Rd, Lexington, KY 40504

All-brick 1.5-story office building with a partially finished walk-out basement, reception area, multiple offices, and 10 rear parking spaces.

Space SizeContact for details
Days on Market98

Property Features for 767 Lane Allen Rd

General Information

Standard status Active
Total Parking Spaces 10

Site & Location

Neighborhood Garden Springs Nghd Assoc

Additional Details

Office Units 5

Building Details

Year Built 1952
Listing Agency: Weesner Properties, Inc.
Listed By: Pat H Borg
Source: Sellkentucky
Added: Jul 20 Changed: Oct 16 Last Checked: Oct 7 at 2:19PM

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 Weesner Properties, Inc.

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Investment Insights

Based on property information with market context.

This 1.5-story all-brick office building includes a walk-out partially finished basement that may be used for additional office space or storage. The interior features hardwood floors, a reception area, multiple private offices (4 or 5), and two half baths, with one on each floor.

Parking is available in the rear of the building with 10 spaces. The property is convenient to Harrodsburg Road, New Circle, and Downtown Lexington.

The space is designed for an office configuration with both main-level and lower-level use, supported by separate half bath access on each floor.

Key Highlights

  • All‑brick 1.5‑story office building with a walk‑out partially finished basement for additional office space or storage
  • Reception area plus 4 or 5 offices
  • Two half baths, including one on each floor

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Nightlight Christian Adoptions Adoption Agency

Suggested Use

Top Pick Law Firm Building Supply Hair Salon Auto Parts Store 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

5
Office units
NNN (Triple Net)
Lease Type
$1.37 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,514
Businesses Nearby

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

$24.2 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
16,244 SF
Avg Space Size

This space is priced 62% below the average of $24.2 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - All-brick 1.5-story office building with a partially finished walk-out basement, reception area, multiple offices, and 10 rear parking spaces.
Where is this office unit located?
The property is located at 767 Lane Allen Rd Lexington, KY.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: All‑brick 1.5‑story office building with a walk‑out partially finished basement for additional office space or storage; Reception area plus 4 or 5 offices; Two half baths, including one on each floor
More about this property
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