B-3 Development Land in Richmond, KY

Vacant Land for Sale
Catylist Listing ID: 30863814
Gross Land Area: 1.45 Acres
Sale Price: $995,000
Unit Price: $686,206 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/20/2024

Overview / Comments

We are pleased to offer this B-3 Development land located in the heart of Retail, Hospitality, and office space near Richmond Center at exit 87 off I-75. This corridor is considered Main and Main for retail shopping, dining, commuting to EKU, Baptist Hospital, Interstate travelers exiting for dining and shopping and the expanding City of Richmond with the Goggins Lane Mixed use project and New multi million City Park coming soon. The property is available to purchase or lease 1.45 acres.

Highlights:
B-3 Land ready to build Site
1.45 acres - Hotels, Restaurants, Inline Retail and More!
FOR Sale and FOR Lease

Additional Details

Nearest MSA: Richmond-Berea
County: Madison
Tax ID/APN: 0042-042A-0020
Zoning: B-3
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 the 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: 8,469 26,347 40,496
Median Age: 33.25 31.35 32.87
Households: 3,630 10,014 15,963
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