For Sale | 11.89 AC Development Lot | Richmond, KY

Vacant Land for Sale
Sale Pending/Contingent
Also listed as Retail-Commercial, Shopping Center
Catylist Listing ID: 30276792
Property Subtypes: Retail, Retail-Pad
Status: Pending/Contingent
Gross Land Area: 11.89 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/30/2023

Overview / Comments

+/-11.89 acres for sale. Located within the Richmond Center at Barnes Mill Road & I-75 in Richmond. Utilities are stubbed-in at the rear of the site. Lighting, parking lot and landscaping are already installed. Excellent I-75 visibility located in Richmond Centre, a 700,000 SF regional shopping center anchored by Meijer, Cinemark, Belk, JCPenney, Michaels, TJ Maxx, Dick's Sporting Goods, Petsmart and more. Average daily traffic count of 61,237 ‘13 ADT on I-75 at Exit 87. Located in Richmond/Madison County – one of the fastest growing communities in Kentucky, Richmond Centre is the dominant retail development in the market and the largest center on I-75 between Lexington, Kentucky and Knoxville, Tennessee.

Attachments & Media

Additional Details

Nearest MSA: Richmond-Berea
County: Madison
Tax ID/APN: 0042-0010-0031
Property Visibility: Good
Area Description: Richmond Centre has excellent visibility from I-75 with nearly one mile of frontage on I-75 and Barnes Mill Road. Access for the site and Richmond Centre is from two signalized entrances on Barnes Mill Road (Eastern By-Pass) as well as two additional connections on Goggins Lane. Richmond is located south of Lexington on the I-75 corridor. Richmond/Madison County are one of the fastest growing areas in Kentucky. Several identifiable factors contribute to this growth, such as easy interstate access, proximity to Lexington, lower cost of housing, good employment base, regional university, and cultural and educational opportunities. The City of Richmond has enjoyed recent growth, is currently the 7th most populous in Kentucky, up from 11th largest in the 2000 census and is the home of Eastern Kentucky University with approximately 17,000 students.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,687 31,757 39,960
Median Age: 35.66 31.75 32.71
Households: 3,314 12,468 15,688


Photograph of Listing Agent

Bruce R Isaac

NAI Isaac KCREA Member
Photograph of Listing Agent

Jim Kemper

NAI Isaac KCREA Member
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