2891 Richmond Rd - Commercial LAND FOR SALE


Lexington, KY 40509 56,628 SF
$1,200,000 USD
502-271-5820
2891 Richmond Rd, Lexington, KY for Sale
$1,200,000 USD
Commercial LAND - FOR SALE
1/5
56,628 SF

2891 Richmond Rd
Lexington, KY 40509


HIGHLIGHTS

  • Available for sale, ground lease or build to suit is a 1.3 ± acre prime retail or restaurant opportunity
  • Excellent street-front visibility from the heavily-trafficked Richmond Road, which receives 40,088 VPD (19)
  • Centrally located on Richmond Road between New Circle and Man O’ War
  • Large pylon signage opportunity solely for outlot
  • Site is situated in front of Lowe’s and is across from a newly constructed retail development that includes FirstWatch, Skyline Chili and LaRosa’s
  • Access to 2 signalized traffic lights and a cut off Richmond Rd directly in front of the site

OVERVIEW

Available for sale, ground lease or build to suit is prime retail or restaurant opportunity with a 1.3 ± acre outlot. The site features excellent street-front visibility from the heavily-trafficked Richmond Road, which receives 40,088 VPD (19). A large pylon signage is available solely for outlot use. The site possesses convenient access to two signalized traffic lights and a cut off Richmond Rd directly in front of the site. This property is situated in a prominent retail and restaurant hub only four miles from the University of Kentucky, the state flagship university with 30,000 ± full-time students and 16,000 employees. It is located in front of Lowe’s and is across from a newly constructed retail development that includes FirstWatch, Skyline Chili and LaRosa’s Pizzeria. It is centrally located on Richmond Road between New Circle and Man O’ War, and the surrounding area boasts dense residential and a thriving daytime population and is home to a wide array of employers, including Valvoline World Headquarters, Aramark and International Paper. Immediate retailers and restaurants include Lowe’s, Kroger, Home Depot, Burlington, Chili’s, Panera Bread, Krispy Kreme, Starbucks and Walgreens.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/ACRE

$923,077/AC

PRICE/SF

$21 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Richmond Rd Land - Sale, Ground Lease or BTS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Restaurant

LAND ACRES

1.3 AC

LAND SF

56,628 SF

OFFSITE IMPROVEMENTS

-

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Justin PhelpsHogan Real EstateMore Info
502-271-5820

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Justin PhelpsHogan Real EstateMore Info
502-271-5820

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.