Catylist ID:
#30851139
| Catylist Listing ID: | 30851139 |
| Property Subtypes: | Retail |
| Gross Land Area: | 1.77 - 7.97 Acres |
| Sale Price: | $250,000 - 750,000 Per Acre |
| Land Splits Available: | Yes |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/1/2024 |
Overview / Comments
|
Merchant Place is located directly off the Robert Martin Bypass at Four Mile Rd in Richmond Ky. It consists of 52.6 acres, approx. 500,000 SF, anchored by Kohl’s. Outlots and in-line spaces are available. Rates are subject to build to suit and/or subdivision details and there is flexibility on the lot size offerings. Property Highlights: - Located off Richmond Bypass between Merrick Road and Four Mile Road, approximately 20 minutes south of Lexington. - Kohl's Department Store anchored site with outparcels available for ground lease - Located in the growth corridor of Richmond, surrounded by homes in every direction - 600+ new homes recently constructed directly adjacent to the site Lot #1 - 4.64 acres For Sale - $250,000/acre Lot #3 - 7.97 acres For Sale - $300,000/acre Outparcel #2 - 1.772 acres For Sale - $750,000/acre |
Attachments & Media
Additional Details
| Nearest MSA: | Richmond-Berea |
| County: | Madison |
| Tax ID/APN: | 0068-008E-0002 |
| Zoning: | B-3 |
| Property Located Between: | Four Mile Rd and Robert Martin Bypass |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Robert Martin Bypass |
| Traffic/Vehicle Count: | 22,073 |
| Highway Access: | Robert Martin Bypass |
| Area Description: | Located in the growth corridor of Richmond, KY surrounded by residential and commercial development. Average Daily Traffic Count is approximately 22,073. |
| Zoning Description: | B-3 |
| Development Name: | Merchant Place |
| Available Utilities: | Electric, Water, Gas, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal, Storm |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 6,833 | 35,189 | 43,274 |
| Median Age: | 32.09 | 31.34 | 33.16 |
| Households: | 2,970 | 13,942 | 16,942 |
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