Atwood Drive @ Four Mile Road

Vacant Land for Sale
Catylist Listing ID: 30872726
Gross Land Area: 0.92 Acres
Sale Price: $599,000
Unit Price: $651,086 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/10/2024

Overview / Comments

CALLING ALL DEVELOPERS! We are offering a Bypass accessible site to lease or build to suit up to 6,000 sf on 0.92 acres of commercial development land in the predominate Roof top growth area of Richmond at Atwood Drive at Four Mile Road. This area of Richmond has been designated as a corridor for Retail growth to support the housing being developed contiguous to this site. This 0.92 acre site is located near a Lighted intersection on the heavily traveled Bypass. This area is known as Auto Alley, with many auto dealerships and across from Kohls, and Future Popeye's Chicken, Speedway, Save A Lot Grocery and more to come.

Highlights:
0.92 acres of B-3 Zoned Land
Owner would build up to 6,000 SF inline retail with Drive thru End cap
Land Lease entire site Near Lighted intersection on the bypass

Additional Details

Nearest MSA: Richmond-Berea
County: Madison
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: 5,301 30,805 41,353
Median Age: 30.59 30.53 32.62
Households: 2,349 12,184 16,207
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