Irvine Road

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30265775
Property Subtypes: Retail
Status: Pending
Gross Land Area: 77 Acres
Sale Price: $5,200,000
Unit Price: $67,532 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/11/2021

Overview / Comments

77 +/- acres of development land in Richmond, KY off the Robert Martin Bypass via exit 90 @ I-75. This large parcel is split zoning with B-3 zoning on the front near Martin Bypass AND facing Irvine Road with (MH) Mobile Home Park zoning to the rear. The density of homesites nearby lend the development to be more home sites in the MH zoning with other retail or office use in the front just off Atwood Drive.

Attachments & Media

Additional Details

Nearest MSA: Richmond-Berea
County: Madison
Zoning: B-3
Site Description: 77 +/- Development land in Richmond RARE Mobile Home Park Zoning - Potential to convert to R-2 B3 Zoning for Office and Retail development Extension of Atwood Drive & Off Irvine Road
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: 1,532 22,790 38,259
Median Age: 37.27 31.35 31.84
Households: 621 8,353 15,057
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