2637 Richmond Road

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30808832
Property Subtypes: Office, Retail, Retail-Pad
Status: Pending
Gross Land Area: 0.59 Acres
Sale Price: See Agent
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/1/2023

Overview / Comments

Available for sale is a prime redevelopment opportunity for a retail or restaurant use with .59 acres available. This property makes an ideal redevelopment opportunity or continued use as car wash with 5,044 ± tunnel car wash building and has access to 2 signalized traffic lights - one off Richmond Road and one at intersection of Richmond Rd and Todd Rd.
Site 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. Richmond Road trade area is a prominent retail and restaurant hub situated four miles from the University of Kentucky, the state flagship university with 30,000 ± full-time students and 16,000 employees. Immediate retailers and restaurants include Lowe’s, Kroger, Home Depot, Burlington, Starbucks, Arby’s, Panera Bread, Chili’s, and Walgreens.

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 23638800
Property Located Between: Richmond Road and Old Todds Road
Property Visibility: Good
Largest Nearby Street: Richmond Road
Traffic/Vehicle Count: 48,088
Highway Access: Located less than a mile from New Circle Road
Zoning Description: Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,817 122,915 223,950
Median Age: 33.36 33.82 34.74
Households: 6,062 53,649 96,752
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions.