Commercial Land For Sale

Vacant Land for Sale
Catylist Listing ID: 30872906
Property Subtypes: Office, Retail, Other
Gross Land Area: 1.25 Acres
Sale Price: $500,000
Unit Price: $400,000 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 6/17/2024

Overview / Comments

Exceptionally located, ideal 1.25-acre development site size, this property is conducive to and zoned for retail or office development. Sitting between Outback Steakhouse and several office buildings in the area, this property also offers great visibility from the Eastern Bypass. The site is level and with all utilities at or surrounding the site.

Property Highlights:
- Located at the highly-trafficked intersection of Hwy 52 and Eastern Bypass in Richmond, KY (Average Daily Traffic: 32,920)
-Zoned B-3/Commercial
-Prominent Visibility

Additional Details

Nearest MSA: Richmond-Berea
County: Madison
Tax ID/APN: R016-0001-00K1
Zoning: B-3
Property Visibility: Excellent
Largest Nearby Street: Highland Lakes Drive
Feet of Frontage: 115
Traffic/Vehicle Count: 32,920
Site Description: On Highland Lakes Dr., 115' of frontage next to the Eastern Bypass
Area Description: Ideally located in the heart of Richmond's Bypass Corridor, near Highway 52 with surrounding high-density retail and residential.
Zoning Description: Commercial
Part of Planned Development?: Yes
Development Name: Gibson Bay Office Park
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,170 30,530 41,353
Median Age: 31.47 31.45 32.62
Households: 1,951 11,903 16,207

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