B-1 Land Available in Richmond

Vacant Land for Sale
Catylist Listing ID: 30574483
Property Subtypes: Retail, Other
Gross Land Area: 0.89 Acres
Sale Price: $450,000
Unit Price: $505,617 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2021

Overview / Comments

We are pleased to present this opportunity to purchase 0.89 acres of B-1 land on Amberly Way in Richmond, KY. Located near I-75, main retail, EKU and hotel corridor of Richmond. Property large enough to do multiple uses, as well as a general B-1 zoning.

0.89 Acres Available
Zoned B-1
Multiple uses for the site
Close proximity to I-75 and Retail Corridor

Additional Details

Nearest MSA: Richmond-Berea
County: Madison
Tax ID/APN: 0042-042A-0022
Zoning: B-1
Property Visibility: Excellent
Area Description: Richmond is centrally located and is south of Lexington on the I-75 corridor. Richmond is 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. Richmond tied for the 30th in the Top Micropolitans in nation for new and expanded industry activity in 2010. The City of Richmond 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. Historic downtown Richmond is one of the finest 19th century commercial districts in the Southeast and is a unique blend of small town warmth and friendliness while still having access to the advantages of a big city.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,743 26,347 40,496
Median Age: 29.96 31.35 32.87
Households: 2,869 10,014 15,963
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