Richmond, KY Land Property For Sale

We are pleased to bring to market 160 acres of development land in Richmond, KY.

This Madison County, KY site has agriculture zoning on Boonesborough Road but potential for mixed use Development with a Zone change to partial Commercial frontage and a mix of Multifamily, and Residential uses to the rear of the property.

The total site is approximately 240 acres, but the family will be keeping approximately 80 acres to keep for their existing residences behind Boonesborough Elementary which was parceled out for development several years ago.

The site is well situated being approximately 5 minutes from I-75 Exit 95 and 20 minutes to Richmond, Hamburg (Lexington), and Winchester on U.S. 627.

Highlights:

160 Acres of Development Land - Richmond

Mixed Use potential, Commercial, Residential

Easy access to I-75, Richmond, Lexington and Winchester

Madison County Property and Re- Zoning required

Merchant Place is located directly off the Robert Martin Bypass at Four Mile Rd in Richmond Ky. It consists of 52.6 acres, approx 500,000sf, anchored by Kohl’s. Outlots and in-line space are available. Rates are subject to build to suit and/or subdivision details and there is flexibility on the lot size offerings.

Lot #1 - 4.64 acres

For Sale - $250,000/acre

Lot # 3 - 7.97 acres

For Sale $300,000/acre

Out Parcel #2 – 1.772 Acres

Under Contract, Car Wash

Out Parcel #3 – 0.91 Acres

Sold July 2023- Popeye's Louisiana Chicken coming soon!

Out Parcel #4 – .5 acres

Under Contract, National QSR with Drive through

Out Parcel #5 - 1.755 acres, can be subdivided to suit

Available for Sale, Ground Lease, Build to Suit

Ground Lease rate apprx $80,000/acre/year

We are pleased to present the rare opportunity to purchase 4.9 acres of highway commercial development land in the growing Northern Madison County area of Richmond, KY. This property is just 15 minutes from Richmond Road in Lexington and 20 minutes from the Hamburg area in Lexington. The land is on the southbound exit 95 off I-75 at U.S. 25 (Lexington Road). This site is on both sides of Boonesborough Road, with approximately 13.7 acres, but still on one deed. The property backs up to the exit and onto ramps. There is water, sewer, and gas available for this site. This urban corridor zoned commercial land allows for several uses, including hospitality, retail, office, and more.

HIGHLIGHTS

I-75 South bound Exit 95 Development Land

4.9 Acres Available

Zoned UC 41 C Highway Commercial

A number of uses, Office, Hospitality, Retail and More

Water & Sewer at US 25

2.33 acres located off I-75 at Exit 97 between Lexington and Richmond. Excellent site for a hotel or restaurant with traffic counts over 75,000 cars per day and adjacent to a 8.43 acre BP truckstop. 100 Interstate Dr (1.19 acres) and 110 Interstate Dr (1.14 acres) being sold as a combined lot. Zoned UC-4IC Interstate Commercial.

We are pleased to present this development opportunity to purchase or lease up to 12 acres of land in Northern Madison County, KY near Richmond. The parcels North of Boonesborough Road land have access to Simpson Lane & a Traffic lighted corner at Boonesborough Road, and South parcels, have access to Boonesborough Road, and Traffic lighted intersection at Colonel Road. The property was divided by a road relocation plan for Colonel Road, Simpson Lane a couple of years ago when I-75 Exit 95 was renovated with 4-6 lane bridge, as well as new Traffic Lights, and exit-entrance ramp access. One parcel South of Boonesborough Road has a rental home on it with a small commercial storage unit as well. The property is currently zoned UC 4 IC (Urban Corridor, Interstate Commercial) - A general accepted zoning for permitted uses like; professional office, Motels, gas stations, even some light industrial uses and more.

HIGHLIGHTS

Up to 12 Acres Available

For Sale or Lease

Retail- Office Development Opportunity UC- 4 I C zoning

$300,000 per acre FOR SALE

$5,000 per month per acre FOR LEASE

+/-11.89 acres for sale. Located within the Richmond Center at Barnes Mill Road & I-75 in Richmond. Utilities are stubbed-in at the rear of the site. Lighting, parking lot and landscaping are already installed. Excellent I-75 visibility located in Richmond Centre, a 700,000 SF regional shopping center anchored by Meijer, Cinemark, Belk, JCPenney, Michaels, TJ Maxx, Dick's Sporting Goods, Petsmart and more. Average daily traffic count of 61,237 ‘13 ADT on I-75 at Exit 87. Located in Richmond/Madison County – one of the fastest growing communities in Kentucky, Richmond Centre is the dominant retail development in the market and the largest center on I-75 between Lexington, Kentucky and Knoxville, Tennessee.