2647 Richmond Road

Vacant Land for Sale
Catylist Listing ID: 30763131
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 0.35 Acres
Sale Price: $475,000
Unit Price: $1,357,142 Per Acre
Sale Terms: Undisclosed, Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 11/15/2021

Overview / Comments

Rarely available land development opportunity along Richmond Rd, one of Lexington’s busiest traffic corridors with an average daily traffic count of over 55,000. The property can be purchased, ground leased, or the Owner would consider a Build-to-Suit. This site is accessible from Richmond Service Road, is just off another major corridor in Old Todds Road, and comes as a level concreted pad with utilities to the site. This site would be great for a variety of development opportunities including Coffee/Breakfast as it sits on the AM side of the Road for inbound traffic toward downtown Lexington. Other possible uses include but are not limited to car service/repair, dry cleaners, and QSR. The property is zoned B-3 (Highway Service Business).

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Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 22460553
Zoning: B-3
Area Description: Located along Richmond Road, the site is accessible from Richmond Service Road, is located just off another major corridor in Old Todds Road.
Zoning Description: Highway Service Business

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,817 122,915 221,595
Median Age: 33.36 33.82 34.81
Households: 6,062 53,649 95,941

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